Well I watched a documentary on his life, and he started on one thing under the agreement and then worked on his long time dream of wireless power transmission instead.
In July 1901 Tesla informed Morgan of his planned changes to the project and the need for much more money to build it. He explained the more grandiose plan as a way to leap ahead of competitors and secure much larger profits on the investment. With Tesla basically proposing a breach of contract, Morgan refused to lend additional funds and demanded an account of money already spent
https://en.wikipedia.org/wiki/Wardenclyffe_Tower
Let's assume for a moment he waited and asked Morgan for permission before pivoting. He was still refused permission and breached contract, so Morgan was right to withhold additional funds.
The whole thing looks like a transparent bait and switch to pursue this wireless power dream he'd had for decades. The contract was only 3 months in when he pivoted and asked for much more money. Who wouldn't be upset by that?
If I was an investor I would think this guy has gotten ahead of himself, and is wasting my money.
Well I watched a documentary on his life, and he basically started on one thing under the agreement and then worked on his long time dream of wireless power transmission instead.
In July 1901 Tesla informed Morgan of his planned changes to the project and the need for much more money to build it. He explained the more grandiose plan as a way to leap ahead of competitors and secure much larger profits on the investment. With Tesla basically proposing a breach of contract, Morgan refused to lend additional funds and demanded an account of money already spent
https://en.wikipedia.org/wiki/Wardenclyffe_Tower
Let's assume for a moment he waited and asked Morgan for permission before pivoting. He was still refused permission and breached contract, so Morgan was right to withhold additional funds.
The whole thing looks like a transparent bait and switch to pursue this wireless power dream he'd had for decades. The contract was only 3 months in when he pivoted and asked for much more money. Who wouldn't be upset by that?
If I was an investor I would think this guy has gotten ahead of himself, and is wasting my money.
Well I watched a documentary on his life, and he basically started working on one thing under the agreement and then worked on his long time dream of wireless power transmission instead.
In July 1901 Tesla informed Morgan of his planned changes to the project and the need for much more money to build it. He explained the more grandiose plan as a way to leap ahead of competitors and secure much larger profits on the investment. With Tesla basically proposing a breach of contract, Morgan refused to lend additional funds and demanded an account of money already spent
https://en.wikipedia.org/wiki/Wardenclyffe_Tower
Let's assume for a moment he waited and asked Morgan for permission before pivoting. He was still refused permission and breached contract, so Morgan was right to withhold additional funds.
The whole thing looks like a transparent bait and switch to pursue this wireless power dream he'd had for decades. The contract was only 3 months in when he pivoted and asked for much more money. Who wouldn't be upset by that?