So I think to grasp that you have to get into what magnetism is. I will try summarize as best I can.

Aether: energy at rest, [the original definition of] inertia, pure potential, the default state of energy, counterspace

Counterspace: unmanifested energy, the state of rest, zero point energy

Fields: modalities of the Aether, different states of excitation

Gravity: an anti-field

Dielectricity: the engine of electric fields. Not electricity, not magnetism and not gravity.

Electricity: the combination of magnetism and dielectricity

Magnetism: the expression of the dielectric field AND the loss of inertia (losing the state of rest). In other words, going from the default state of rest (Aether) into expressing dielectricity as a magnetic field.

Light: a disturbance of the Aether. Tesla defined it as a sound wave in the Aether.

Waves: an action, not a 'thing'. When a light is 'waving', it is the frequency and amplitude of the Aether disturbance that results in this effect. No different than the ripples 'waving' through water when disturbed. When light stops waving, it is no longer disturbing the medium and therefore no longer perceptible.

Modalities: different states. Ice, water and steam are all modalities of the same thing, affected or mediated by pressure and temperature, just like fields are all modalities of the same thing - the Aether.

Imagine a donut with a tube or rod passing through the middle, almost like a washer on a bolt. The bolt is the dielectric field, and that is what powers the magnetic field (the washer). These oscillate back and forth as 'lines' of interference always represented in the same toroidal pattern, creating the phenomenon of what we call a magnetic field. The dielectric field 'flows' from north to south, driving the magnetic field to diverge from the bottom of a magnet, looping back around to converge over the top and back into the center, creating the toroidal pattern continuously. You can actually tell where the north and south 'poles' of a magnet are under a ferrocell by the red and blue fringe shift - each 'pole' tends to one or the other. As I have learned, magnets don't actually have poles, they have the inverse of counterspace, or the opposite of the state of rest as defined above. The dielectric field is the inverse of a magnetic field, ying/Yang if you will, but they are inherent to eachother and cannot exist in isolation.

In order to magnetize an object, it requires a combination of elements that exhibit high capacitance, or how capable a material is of storing electric charge. A neodymium permanent magnet is a combination of mostly neodymium, iron and boron, which are high capacitance elements. When you magnetize these elements, you would typically hit it with a high voltage electric current. What happens in the process is that the electricity (as defined above) loses its dielectric component, resulting in a permanent magnetic charge which is stored in these highly capacitive elements.

If matter is high frequency light, then everything is inherently electric (in the broad sense of the term) and matter is physically manifested energy. Funny enough, even an apple manifests in a similar pattern as a magnetic field, which is fitting when Newton considered the apple falling to the ground. As I currently understand it, we cannot perceive the vibrations because they are such a high frequency that they appear static. Although an apple isn't magnetic, since it has little or no capacitance, it is still electric, just like everything material. And, like all matter, it is therefore subject to the same phenomenon of falling, or returning back to a default state of rest. This is the acceleration towards counterspace, or acceleration back to the inertial plane, or colloquially, falling down to the ground, which would be the inertial plane or where matter is at rest. It is nature trending towards the state it favours most, back to default, also also why magnets accelerate towards eachother, they are trending towards counterspace or back to the default state of rest.

In understanding the nature of magnetism, Tesla created the AC motor by inverting the magnetic field. I believe the correct field array is the key to discovering things like 'unlimited' energy.

Tesla's quote about energy frequency and vibration is really quite genius. All matter is energy, vibration and the rate at which something vibrates (frequency) coupled with its elemental makeup is what creates the reality we live in. In that sense, it is totally possible that it is a holographic simulation. Another off topic curiousity is how we can get a glimpse of this through altering our perception with psychedelics or meditation, where we can observe these geometric patterns that aren't otherwise perceptible.

Simple, yet complicated, but in my opinion, accurate.