Advertisements

Here’s Why Tesla Motors Is Named For A Famous Serbian Inventor

Here’s Why Tesla Motors Is Named For A Famous Serbian Inventor

ALEX DAVIES AUG. 8, 2013, 5:40 PM 2,460 10

By making two remarkable electric cars and becoming the first new American auto company to turn a profit in decades, Tesla Motors has made itself into a household name. But why did founders Martin Eberhard and Marc Tarpenning (CEO Elon Musk joined the company soon after it was incorporated) choose the name Tesla? It’s an homage to Nikola Tesla (1856-1943), the Serbian inventor and engineer who created the induction motor and alternating-current (AC) power transmission. According to an old post on the automaker’s website (archived here): Without Tesla‘s vision and brilliance, our car wouldn’t be possible. We’re confident that if he were alive today, Nikola Tesla would look over our 100 percent electric car and nod his head with both understanding and approval. CEO Elon Musk, who was not involved in the founding of the company, has told PBS he counts Thomas Edison, a Tesla rival, as a personal hero, along with Winston Churchill. Musk does have love for Tesla, though, pledging last year to donate to a project to turn the inventor’s old lab into a museum, according to Jalopnik. An inveterate inventor, Tesla filed more than 700 patents for everything from wireless communication to fluorescent lighting. Some of his ideas never came to fruition, including a “death-beam.” In July 1934, he told the New York Times he had invented a way to “send concentrated beams of particles through the free air,” powerful enough to bring down 10,000 planes from 250 miles away, or kill millions of soldiers. All in all, Tesla was a very cool dude. He hung out with Albert Einstein when they and other scientists took a tour of a wireless station in New Jersey, in 1921: There’s a plaque there to honor him:

screen shot 2013-08-08 at 2.59.40 pm nikola-tesla-plaque

Advertisements

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: