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Redwood Materials hires former Tesla finance chief and dodges IPO talk
Startups
Published on 12 May 2026
New CFO says IPO timing is not yet the issue
Battery-recycling and energy-storage startup Redwood Materials is moving closer to its next phase by hiring Deepak Ahuja, the former Tesla finance chief. The appointment reunites him with ex-Tesla CTO JB Straubel. Despite the leadership shakeup, Ahuja indicates it’s “too early” to discuss an IPO, signaling a focus on execution before any public-market plans.
- Redwood Materials hires Deepak Ahuja as incoming CFO
- Ahuja’s move reunites him with JB Straubel from Tesla
- Company leadership indicates it’s too early to discuss an IPO
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