Tesla himself built, reportedly, a special electric car in 1931: he had placed, roughly, in the same way as Moray had done, about twelve radio tubes in a small wooden box with a pair of resistors. He inserted a couple of steel tubes in the box as well as a six-foot-long antenna and said, "We have power now." With that device he then drove at speeds of up to ninety miles per hour a Pierce-Arrow whose engine was replaced by an 80-horsepower electric motor plugged into its box. JP Morgan, the great financier at the time discovered he was extracting energy from space, was horrified by the complete invention because it would cancel the need for any oil business. According to Tom Bearden, Morgan, whose empire currently exists, would have ensured that a new Tesla could never succeed again. For this he would have politicized physical education in favor of industry
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