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User: TheLastManSitting

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  1. Anyone else find it odd... on Why Morgan Stanley Is Betting That Tesla Will Kill Your Power Company · · Score: 1

    That JP Morgan's company is backing Tesla?

    Surely I cant be the only one that finds that humorous. After all JP Morgan was the first person in the world to have a private home lit by Edison's Direct Current electricity. When Telsa joined the company a bit later and tried to convince Morgan and Edison that Alternating Current (Today's Standard) was the future they told him he was wrong and AC was dangerous. Frustrated by their inability to see his invention for what it was he quit and went to work for Westinghouse as a competitor.

    Morgan and Edison went so far as to create the electric chair out of AC just to try and ruin the career of Telsa. It backfired of course and everyone blamed Edison for creating the chair and paid zero attention to the fact that he used Tesla's alternating current.

    Fast forward a hundred years and Morgan's legacy company is out in the public saying Telsa is the future. I love it.