NIKOLA TESLA: THE GENIUS WHO CHANGED THE WORLD
1. Nikola Tesla, a Serbian American inventor and engineer, was born on the 9th of July, 1856. He came up with a lot of inventions in the production, transmission and application of electric power. In 1875, Nikola entered the Higher Technical School in Graz to study electrical engineering. He clearly saw weak points of direct current (DC) machines, but was sharply criticized by his professors. In the third year of his studies, he started playing cards and lost a lot of money. He said he did not see any goal in these studies. Tesla could not pass his final exams, though he managed to solve the most difficult mathematical problems in mind. In 1882, while walking in a park, he got an idea of a brushless alternating current (AC) motor.
2. In 1884, Tesla immigrated to the US. He got a job as an engineer at Thomas Edison's Manhattan headquarters. Edison promised Tesla to pay him $50,000 for an improvement of his DC dynamos. After several months of experiments, Tesla submitted the results and asked for the money. Edison refused him saying that Tesla did not understand the American humor. Offended, Tesla resigned immediately.
3. Edison's main rival in the "battle of the currents" was George Westinghouse. Westinghouse employed Tesla, licensed the patents for his AC motor and gave him a lab. To weaken the fear of alternating current, in his laboratory, Tesla showed experiments with alternating current passing electricity through his body. Together with Westinghouse and General Electric, Tesla set AC generators at Niagara Falls, that was the first modern power station.
4. In 1900, Tesla initiated the construction of the first wireless telecommunication tower for commercial transatlantic telephony, radio broadcasting and demonstration of wireless power transmission. But as this could provide free electricity to everyone, J.P. Morgan, the owner of the world's first Niagara hydroelectric power station, decided to refuse further financing. It was Tesla's greatest defeat.
5. Tesla lived his last decades in a New York hotel, working on new inventions even as his energy and mental health faded. He never paid much attention to his finances and died in great poverty at the age of 86. Tesla died in his room on the 7th of January, 1943. Later that year, the U.S. Supreme Court acknowledged Tesla's innovations in radio. The AC system he championed and improved remains the global standard for power transmission.
Decide if the following statement is true, false or not given according to the passage:
The first power station was installed at Niagara Falls.