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‘Too early’ to talk IPO, Redwood Materials’ incoming CFO says

Redwood Materials, the battery-recycling company founded by former Tesla CTO JB Straubel, has hired former Tesla CFO Deepak Ahuja as its new CFO. While the hiring of such a high-profile executive might suggest IPO plans, Ahuja stated it's 'too early' to discuss going public. The move strengthens Redwood's leadership as it scales up its battery recycling and materials business.

Background

Redwood Materials is a battery recycling and materials company founded by JB Straubel, former CTO of Tesla, focused on creating a circular supply chain for electric vehicle batteries. The company has been expanding its operations and partnerships in the EV battery recycling space.

Source
TechCrunch
Published
May 12, 2026 at 12:00 AM
Score
5.0 / 10