Redwood Materials says it's too early to discuss an IPO.

The battery-recycling company has hired Deepak Ahuja, former Tesla finance chief.

By Amit Tanwar 1 min read Published 12 May 2026, 10:16 am IST 1 source

Redwood Materials, a battery-recycling and energy-storage company, has appointed Deepak Ahuja as its new CFO. Ahuja previously served as the finance chief at Tesla. ¹

The company stated that it is "too early" to discuss an IPO. ¹

This move reunites Ahuja with JB Straubel, former Tesla CTO, who is also at Redwood Materials. ¹

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