TESLA (from "TEchnika SLAboproudá"  - which means "Low voltage technology") was a large, state-owned  electrotechnical conglomerate in the former .

The company was  established as Elektra on 18 January 1921 and renamed 
TESLA on 7 March  1946. TESLA had a state-sponsored monopoly on 
electronics production in  communist Czechoslovakia, and produced nearly
 all electronic products in  the country until 1989. Many subsidiaries 
were created, including those  at Liptovský Hrádok, Hradec Králové, 
Pardubice, Žďár nad Sázavou,  Bratislava, and Nižná. Later, some of them
 were transformed into  independent state-owned companies.
While  the company's wide range of production was impressive, quantity 
usually  did not meet the needs of industrial customers. Many products 
gradually  became obsolete
 simply because they  were not updated; e.g. one particular type of 
diode was manufactured for  over 30 years without modifications.
Other products, e.g
. some kinds of SCRs
 or Power-Transistors  were competitive with the world market and so 
TESLA was the supplier  for all eastern Europe Countries. Some high 
quality products were even  exported to western countries for example 
turntables NC 470 or NC 500  under mark Lenco.
. some kinds of SCRs
 or Power-Transistors  were competitive with the world market and so 
TESLA was the supplier  for all eastern Europe Countries. Some high 
quality products were even  exported to western countries for example 
turntables NC 470 or NC 500  under mark Lenco.
TESLA had to  contend with both foreign and new domestic competition 
after the fall of  communism in Czechoslovakia, and had difficulty 
competing effectively,  which resulted in dramatic downsizing and 
privatization of the majority  of its stores and production facilities. 
TESLA's logo is a rare sight in  the present-day Czech Republic and 
Slovakia,  as only a few of its subsidiaries have survived. One of its 
former  subsidiaries, JJ Electronic is known for its manufacture of vacuum tubes and TESLA Litovel is known for its manufacture of high end turntables known as Pro-Ject.



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