Tesla became aware of the position he had placed himself in and his work became focused on leaving his research to us, the future. I hope we listen because he knew what he was doing.
I've also heard that Morgan realized all the copper mines and refineries he had stakes in would lose value.
I'm sure there are others reasons floating around out there too, they're a dime a dozen. Frankly I doubt Morgan ever explained his real reasoning to any journalists or authors, and these stories got narrated in somewhere along the way.
The proof is in the pudding, imo. Morgan also backed Edison's company (Edison General Electric, which later became General Electric). Morgan, via Edison, was going for ownership of the new electrical grid that was growing in the US 100+ years ago.
There's no way Morgan would ever allow Tesla's work with wireless to gain any traction in his lifetime.
Good for him: It's physically impossible.
I know enough physics to know that. Tesla's diaries are irrelevant.
And our discussion is about Tesla's broadcast power ideas. Bringing in a completely different concept is dishonest.
I'm refraining from further conversation. Good evening.
http://en.wikipedia.org/wiki/Inverse-square_law
The WiTricity project you may hear of does things based on a completely different technical footing, which is more efficient but less broadly useful. For example, with the WiTricity technology, power receivers can't be any more than a quarter-wavelength from the transmitter, which means that they can't be any further away than a few meters. Definitely not what Tesla had in mind.