electrek.co·May 11, 2026
Deepak Ahuja, former CFO of Tesla, has joined Redwood Materials as CFO, reuniting him with co-founder JB Straubel, amid significant restructuring at Redwood, which recently laid off 10% of its workforce.
The appointment of former Tesla CFO Deepak Ahuja as CFO of Redwood Materials signals an important strategic pivot for the company towards scaling its energy storage business amidst recent restructuring. This move could present a notable opportunity for investing in Redwood's expansion within the cleantech and energy storage sectors, particularly given the leadership's proven expertise in scaling successful green tech enterprises.