Page 4 - Energy Revolution System Michael Garnett PDF Book Download
P. 4
Tesla makes his genius remarked shortly and tells Edison that he could
redesign Edison’s motors and generators, making an improvement in
both service and economy.
Edison laughed and said:
“There’s fifty thousand dollars in it for
you... if you can do it”
In 1882 ... $50,000 was the equivalent of $1.3 Million today.
Tesla did it ultimately...
But The First Betrayal knocked at his
door.
Edison refused to pay him... saying “Tesla, you don’t understand
our American humor”.
Tesla resigned and founded his own company Tesla Electric Light &
Manufacturing.
The company installed electrical arc light based illumination systems
and also had the designs for dynamo electric machine commutators,
the first patents issued to Tesla in the US.
