As we reported at the time, Straubel was already becoming less present at Tesla months prior to the announcement and spending more time on his startup: Redwood Materials. Redwood is developing processes to recycle battery materials to be reused in new batteries. I'm excited to build something, and this is what I want to do with my time.". The company started the summer with 50 employees and they are looking to expand to 200 employees by the end of the year.
All rights reserved. Borrowing some lingo from Tesla, he characterized Redwood as being in the "Roadster or pre-Roadster days," referring to Tesla's first vehicle, launched in 2006.
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A battery pack manufactured by General Motors. "I'm having a blast building the team and scaling our technology," said Straubel, who for the first time in his career bears the CEO title. Jeff Bezos, Amazon founder and CEO, commented: “The Climate Pledge Fund invests in visionary companies whose products and services can empower a low carbon economy. Longtime Tesla executive JB Straubel is leaving his post as chief technology officer after some 15 years, CEO Elon Musk announced Wednesday evening. Hired as an engineer, he took on the unofficial job of drawing the curve that Musk saw in his head. Copyright © 2020 Twitter Trends 2020 — Primer WordPress theme by. A leading-edge research firm focused on digital transformation. Straubel is the second C-suite executive to announce a change in his role on one of Tesla’s earnings calls in the last six months. Watch HyperChange‘s video about JB Straubel’s stealthy startup in the video below. Getty Images. Es ist auf Flickr in voller Auflösung verfügbar. Sign up for Insider Transportation. And in addition, we’re developing internally more processes, and we’re doing R&D on how we can improve this recycling process to get more of the active materials back.
In addition, it’s just the right thing to do. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Next year Straubel expects to raise the headcount to 200 from about 60, propelled by that funding and by the expectation that a world with many more EVs is going to need many more batteries. But on Tesla's ascent, the company's true tech whiz kid was Jeffrey Brian "JB" Straubel.
Not to launch a rival to Tesla, as other former Musk allies have done, but to build a company that could help realize Musk's dream of obliterating the gas-powered car — and make a fair bit of money while doing it.
And he was very good at it. Chief Technology Officer (CTO) from 2004 until the middle of 2019. Tesla was ramping up production of its Model 3 sedan at the time, and Straubel witnessed firsthand just how many new EV batteries were on their way to becoming old EV batteries.
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As those processes have been perfected, Mr. Straubel says 50% to 75% of the cost of a battery for the industry now lies with its raw materials—where he sees potential for … About the Author.
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