Tesla

TESLA a.s. is a Czech manufacturer and supplier of special radio communication and security electrical engineering for military and commercial use. The name was originally used by a state-owned conglomerate that was the monopoly producer of electronic appliances and components in the former Socialist Republic of Czechoslovakia. The conglomerate was founded in 1946 and ran until 1991, when it was privatised. The Tesla name is used by its successor company and former subsidiaries in the Czech Republic and Slovakia. In 2011, the Czech company Inter-Sat Ltd. acquired the license for the Tesla brand name from TESLA a.s. to sell household appliances and consumer electronics with different logo in Europe, mostly in Central and Southeastern countries. Company The company was established as Elektra on 18 January 1921 and renamed Tesla on 7 March 1946. A founding ceremony took place on 10 August 1946 at the Mikrofon Factory in Strašnice attended by government ministers from Czechoslovakia and Yugoslavia. It was named after the pioneer scientist Nikola Tesla, but when the association with a Serbian American became politically inconvenient it was explained as abbreviation from , which means "low-current technology".