The Impact of Tesla's Move to the Hotel New Yorker on His Innovations and Collaborations
| Technology | Innovation |
Updated By: History Editorial Network (HEN)
Published:
3 min read
In 1934, Nikola Tesla relocated to the Hotel New Yorker, a significant move for the renowned inventor who had previously faced financial difficulties. During this period, Westinghouse Electric & Manufacturing Company began providing Tesla with a monthly payment of $125, which is equivalent to approximately $2,850 in today's currency. This financial support was not merely a gesture of goodwill; it was a strategic decision by Westinghouse, who were reportedly concerned about the negative publicity that could arise from the impoverished living conditions of their once-celebrated inventor. To respect Tesla's pride and his aversion to accepting charity, the payments were framed as a 'consulting fee.' This arrangement allowed Tesla to maintain his dignity while receiving the necessary support to sustain his living expenses. Tesla's relationship with Westinghouse was complex, marked by mutual respect and a shared history of innovation. The financial assistance provided by Westinghouse not only helped Tesla during his later years but also served to protect the company's reputation, highlighting the intricate dynamics between corporate responsibility and individual legacy in the world of invention. #mooflife #mof #MomentOfLife #NikolaTesla #WestinghouseElectric #HotelNewYorker #ConsultingFee #InventorHistory

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