As it was mentioned in the first part, Tesla (a Croat by nationality and Austo-Hungarian by citizenship) had emigrated to US and worked with Thomas Alva Edison. However, as they were having constantly disagreements whether direct current (Edison's "love") or alternating current should be researched more, Tesla parted ways with Edison and eventually started his own business. He formed his own company "Tesla Electric & Light Manufacturing" in 1886 under that banner, Tesla created some of his most creative work and the greatest inventions ever known.
A large part of Tesla’s work was concentrated on wireless transmission of AC electricity over large distances. He maintained: “Ere many generations pass, our machinery will be driven by a power obtainable at any point of the universe.” Something that today is taken for granted and is known as the Tesla effect. In subsequent years till 1900, Tesla's work revolved around X-Rays, high frequency AC, transmission of electromagnetic energy, and building the first radio transmitter (the Nobel Prize for which, however, was given to Marconi), and mainly wireless transmission. He also built Wardenclyffe, the first wireless power transmission facility. The company, however, was indulged in a "War of Currents" with Edison (Ac v/s DC) which led to the bankruptcy of Edison's company, but also damaged the Tesla's company financial infrastructure.