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Nikola Tesla content related to debt
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Preview of Tesla No Money Wizard; Swamped by Debts, He Vows article

Tesla No Money Wizard; Swamped by Debts, He Vows

New York World - March 18th, 1916
Inventor Testifies He Owes the Waldorf, Lives Mostly on Credit, Hasn’t a Cent in Bank, and “Hocked” Stock in His Company. Nikola Tesla, electrical wizard, is so hard up that he cannot pay the city...
Article added October 20, 2018 - 7:49 AM
Preview of Tesla Responds to Report of Tower being Sold for Debt article

Tesla Responds to Report of Tower being Sold for Debt

New York Times - October 28th, 1907
Lists Them as Answer to Report That His Tower Is to be Sold for Debt. To the Editor of The New York Times: As bearing intimately on the report in your issue of even date that my tower is to be sold...
Article added October 12, 2018 - 3:24 PM
Preview of Nikola Tesla Failed to Pay article

Nikola Tesla Failed to Pay

Salt Lake Herald - June 14th, 1907
Scientist Did Not Communicate With Creditors While Communicating With Mars. New York. June 13. — Because Nikola Tesla, propounder of a theory of communications with Mars, has failed to satisfy a...
Article added September 8, 2017 - 11:35 AM

Tesla Moves To New Yorker

Timeline entry added March 1, 2015 - 12:20 AM
A settlement was reached with the Westinghouse Corporation that provided Tesla with a consulting rate of $125.00 per month along with the agreement to pay his monthly rent expenses. Upon signing the...

Tesla Moves To Gov. Clinton

Timeline entry added March 1, 2015 - 12:20 AM
Tesla was asked to leave the Hotel Pennsylvania after residents complained about the droppings from his "flying rats" and because he was $2,000.00 behind in his rent. Tesla's friend and admirer, B.A...

Hotel St. Regis Sues Tesla

Timeline entry added March 1, 2015 - 12:20 AM
Tesla left the Hotel St. Regis owing a debt of over $3,000. After having moved out over six months earlier and never making an effort to resolve the debt, Tesla was sued for the balance. Shortly...

Wardenclyffe Tower Destroyed

Timeline entry added March 1, 2015 - 12:20 AM
Reported in the media as being suspected of being used by German spies, the tower was actually ordered to be destroyed to cover debts incurred by Tesla at the Waldorf Astoria where he lived for almost...

Tesla Declares Bankruptcy

Timeline entry added March 1, 2015 - 12:20 AM
Even though Tesla had some minor successes, he continued to fall deeper and deeper into debt primarily due to his high overhead. He was called into the state supreme court for $935.00 in unpaid taxes...