Tesla Electric Light Company
Investors approached Tesla and asked him to develop an improved arc lighting system. Although this was not the opportunity he had hoped for, the group was willing to finance the Tesla Electric Light Company in Rahway, New Jersey. The proud new owner set to work and invented a unique arc lamp of beautiful design and efficiency. After completing the work, Tesla was forced out of the company and left with nothing but worthless stock certificates. Tesla later referred to this as "the hardest blow" he'd ever received.