Tesla's lack of business savvy and inability to commercialize led to his obscurity

When Tesla died in 1943, the FBI seized his property for national security

Although Nikola Tesla had become increasingly eccentric in his later years, the US government wanted to ensure plans for a possible secret weapon didn’t fall into enemy hands during World War II.

Nikola Tesla embraced showmanship when promoting ideas ahead of their time

He once electrified himself during a live demonstration to illustrate the safety and power of alternating current, and his presentations often featured arcing coils, glowing lights, and bold claims about a future of wireless power.

Nikola Tesla’s biggest dream was a worldwide network of wireless power transmission

He built the Wardenclyffe lab and a massive prototype transmission tower to develop trans-Atlantic transmission, but it was never operational. The concept was based on incorrect assumptions about Earth's conductivity, but it inspired subsequent efforts for wireless systems.

Guglielmo Marconi overshadowed Nikola Tesla through commercialization

Despite Tesla envisioning wireless power and communication earlier, Marconi developed practical implementations of wireless communication, including transmitting the first transatlantic radio signal. The technology, which facilitated telegraphy critical for warships and navies, earned Marconi the 1909 Nobel Prize in physics.

Despite promoting alternative current, Nikola Tesla did not invent it

The technology was developed by Hippolyte Pixii in 1832, almost 25 years before Tesla was born. Other myths about Tesla include that he invented the transformer, radio, and the induction coil, which was invented by Nicholas Callan in 1836.

George Westinghouse purchased Tesla's AC technology patents for $60,000

The seven patents in alternating current motors and power transmission formed the basis for a system of technologies including generators, transformers, and lighting. Nikola Tesla spent half the funds on a new laboratory to develop new inventions.

Nikola Tesla was born in modern-day Croatia and moved to the US in 1884

His interest in electricity came from his mother, who invented small household appliances during Tesla's upbringing. Upon arriving in America, he began working for and improving upon the electrical inventions made in Thomas Edison's lab.

Tesla open-sourced all its patents to speed up industry adoption of electric vehicles

The company employed a disruptive strategy to transform the transportation market, but early struggles, including leadership shifts and near bankruptcy in 2008, threatened its efforts to bring electric vehicles to the mainstream.

No proof of Nikola Tesla developing a working 'death ray' exists

He described his "teleforce" weapon as generating beams of concentrated particles that could destroy targets from 250 miles away with unparalleled precision. Analysis of Tesla's papers on the subject by an expert after his death revealed the work to be mostly speculative.

A pair of engineers began Tesla to prove the viability of electric vehicles

Martin Eberhard and Marc Tarpenning sought to design a high-end electric sports car for environmentally motivated, affluent buyers. The Tesla Roadster would be the first highway-legal car to use lithium-ion batteries.

Elon Musk follows a five-step decision-making process when simplifying technology

He begins by determining whether how something has been previously done is—in his words—"dumb," or if a certain feature should even exist, let alone be optimized. This first principles method has helped him develop some of the most valuable companies in the world.

A quote by scientist Nikola Tesla

"The scientific man does not aim at an immediate result ... His duty is to lay the foundation for those who are to come, and point the way."

One of Henry Ford's early failed business ventures later became Cadillac

Before founding the Ford Motor Company, Henry Ford started two businesses that ultimately failed because he didn't get a product to market quickly enough. The Henry Ford Company pushed Henry Ford out in 1902, only to later reform and be renamed after the founder of Detroit, Antoine de la Mothe Cadillac.

Twain was a notoriously bad investor

After becoming a famous writer, Twain invested in railroad stocks, a magnetic telegraph, and a printing press that weighed four tons. Eventually, he founded his own publishing company, which ultimately led to his bankruptcy. “He is, in business,” one lawyer said, “just a big overgrown boy.”

'Many of life's failures are people who did not realize how close they were to success when they gave up.'

- Inventor Thomas Edison (1847 - 1931)

Bitcoin's founder has always remained anonymous

A pseudonym used by the person or group of people who created bitcoin—the first decentralized cryptocurrency—the real identity of Satoshi Nakamoto has baffled millions of enthusiasts for years.

A reclusive billionaire ran Sears before its bankruptcy

Former Sears CEO and hedge fund manager Eddie Lampert was once kidnapped from his home in Greenwich, Connecticut by criminals looking to get rich. Some argue that the incident colored Sears’ history.

Born to a well-off family in South Africa, Elon Musk left for Canada in 1989 before heading to the US

Musk was bullied as a child in South Africa, and even recalled being punched in the face, per a recent Walter Isaacson biography on the entrepreneur.

Bob Noyce coinvented the integrated circuit, cofounded Intel and Fairchild Semiconductor, and is considered one of the founders of Silicon Valley

Some even called Noyce the “Mayor of Silicon Valley.” According to Steve Jobs, he was the “ultimate inventor, rebel, and entrepreneur.” This Founders episode dissects an article from 1983 that explains Noyce’s lasting impact.

Nvidia founder Jensen Huang would not do it again

Huang was asked in 2023 whether he would do it all over again if he was transported back 30 years before. Huang said no, arguing he would not have knowingly put himself through the suffering and difficulties it took to build Nvidia, calling this ignorance to future pain one of his superpowers.

How Walt Disney's life impacted his business

Walt Disney has a legacy of ingenious innovation and undying creativity. This podcast walks listeners chronologically through the major events of his life, as reported in Neal Gabler's biography "Walt Disney: the Triumph of the American Imagination," and explains how they led to his groundbreaking work in film, storytelling, and business.

SpaceX's S-1 or 'prospectus' revealed many previously unknown details about the company, including its unprofitability despite doing $18.7B in revenue in 2025, exactly how many voting shares Elon Musk will have in the company (roughly 85%), and more.

Picasso was initially ignored by the US art market

Picasso’s now-iconic style was radical for its time and, as such, was something the US art market initially ignored. Hugh Eakin, author of “Picasso’s War: How Modern Art Came to America,” tells the story of the social norms, tax laws, and influential figures like lawyer John Quinn that set the course for modern art in America in the early 1900s.

Implanted neurotechnology can leave users vulnerable when manufacturers go under

Despite providing relief from neurological conditions, patients are left stranded when the companies that make these devices shut down. The lack of regulation means patients often face technical failure, insurance battles, or risky surgeries to maintain their quality of life.

Discover the catastrophic consequences of a failure of the US electrical grid—something that is more likely than many Americans think.

Age of Miracles: Why Tencent is the ultimate outsider

Tencent has relatively low name recognition outside of China, despite being the world's biggest video game publisher, operating a 1.4-billion-user messaging network, and much more. This podcast explores the business principles underpinning its success, from long-term vision to a unique investment portfolio.

Discover why Texas runs its own electric grid, separate from the other US interconnections

In 1935, electrical utilities in the Lone Star State opted to rely on the state's own fossil fuel reserves to power an independent electric grid. While this prevented the federal oversight required for the Eastern and Western Interconnections that span multiple states, it also meant Texas's grid was unable to draw sufficient backup power during the winter 2021 power grid failure.

The Mona Lisa's celebrity status and repeated restorations have obscured what made the painting so revolutionary for its time

The history of many kitchen appliances involves unexpected discoveries and applications, including wartime radar turned hamster defroster and replacing an 'ice king' with heat-stealing boxes.

The name 'Silicon Valley' arose from the founding of Shockley Semiconductor Laboratory in Fairchild Semiconductor in 1956-57, founded near Stanford University in Palo Alto

A vending machine run with Anthropic's AI went out of business after it was convinced to give away items for free and sell a video game console.

Against his wishes, Albert Einstein's brain was removed before his cremation, and the pathologist responsible stored it for decades in mason jars within a beer cooler.

Frank Lloyd Wright's houses are historically hard to sell because they're old, subject to local landmark commissions, and often unfashionable

Clever Hans was a 1900s horse that was believed to be able to solve math equations, tell time, and read and comprehend German, until a psychology student discovered how he got his answers.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

Sony set the standard for cylinder-shaped batteries when it repurposed manufacturing equipment used to make rolls of magnetic recording tape.

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

Mark Twain spent decades feuding with the US Postal Service, convinced its costs and regulations were bureaucratic overreach.

How Amazon operates a 'flywheel' business model, a self-reinforcing cycle that drives continuous growth

Before writing 'Walden,' transcendentalist Henry David Thoreau nearly burned down his hometown with a campfire that grew out of control.

In 2019, a laptop loaded with six of the worst malware in history and described as 'an exhibit of historical weaponry' sold for $1.3M.

In 1945, Surrealist artist Salvador Dalí and legendary animator Walt Disney began collaborating on a short film that was not completed until 2003, years after both men had died.

Memecoins are a type of cryptocurrency—a form of digital currency with a wide variety of uses—created around popular 'memes,' or viral internet jokes.

Pure water does not conduct electricity because this flow of energy requires the movement of charged particles, and water is a neutral molecule.

The identity of the Tank Man in the iconic photo from the 1989 Tiananmen Square protests remains unknown and was possibly killed.

SpongeBob exemplifies Aristotle's philosophy for living well because he understands that happiness doesn't come from external factors like money, recognition, or power.

Indefinite cloning of some endangered species may not sustain their longevity because cloning success rates decrease as genetic mutations accumulate.

For centuries, it was common to sleep in two shifts: a few hours at the beginning of the night, and a longer period beginning around midnight

For centuries, Niagara Falls has been a magnet for daredevils seeking to conquer one of nature's most powerful wonders, with its 200-foot drop and water rushing at 32 feet per second with 280 tons of force.