Serbian born engineer Nikola Tesla was a technological genius and radical inventor. His work on an alternating current power system, the fluorescent light bulb, remote control, and many other mass market inventions, revolutionized the twentieth century. But Tesla’s biggest project – his dream of providing energy to the world for free collapsed when his financial backers unexpectedly withdrew their support. Some believe that Tesla’s free energy invention was actually suppressed by one of the America’s most powerful men. Could it be that Nikola Tesla did indeed invent free energy?
In the 19th century Tesla hypothesized that electrical power could be generated using the natural resources …show more content…
Homes, business, and even ships could draw power from the electrical currents that the towers provided. The development of wireless transatlantic telegraphs in 1901, and successful signal testing on the tower, was promising for the development of free energy. The tower was funded by JP Morgan. He gave Tesla 150.000 dollars in return for 51% control of the patents. But to Tesla’s shock, construction on the tower was abandoned in 1905. JP Morgan had withdrawn his support. Why would Morgan back out, just as Tesla appeared to be on the verge of a technological breakthrough? By the turn of the century, Morgan had become one of the most powerful men in the world, controlling the US electrical and railroad industries. He had an estimated net worth of 68.3 million dollars. Morgan initially financed Tesla’s wireless tower, believing that it was designed to send communications across the Atlantic. But the tower true purpose would have threatened the very industry in which Morgan had built his fortune: fossil fuel. Theorists like Tom Retterbush claim that Morgan deliberately caused Tesla’s free energy project fail thereby preserving his own financial dominance of the private energy