New Tesla Motor Ready for Market

(United Press Special Wire.)

Albany, N. Y., May 20: — Through the filing of incorporation papers of the Tesla Propulsion Company of New York City, to manufacture motive power machinery for vessels here today, it became known that the new Tesla motor is to be placed on the market at once. This motor is declared to be of a character that will revolutionize the building of engines for small boats as it is claimed to be of such a nature that a very much higher rate of speed can be maintained at a much less cost than under any existing motive power for marine craft.