this post was submitted on 17 Oct 2023
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Photoelectric efficiency was pretty bad back then. It had only been discovered in 1887. Einstein had just studied the photoelectric effect in 1905 and won a Nobel prize for analyzing it in 1921.
https://www.aps.org/publications/apsnews/200501/history.cfm
It wasn't like getting rid of the guy would've destroyed knowledge about it or the potential for the business. The devices were listed in the patent office and the technology was public knowledge. It just couldn't compete with cheaper and more energy dense sources like oil. Electric cars were a thing even in the late 1800s but the technology was so poor they lost to internal combustion.
Interestingly, my parents remember electric milk delivery trucks in the 1950s & 60s.
The technology could have been improved if there was investment. Just look how much has been invested in ice vehicle drivetrains... It's a wonder they work at all!