Tesla executives listed as officers at Redwood Materials

by SpeedLux
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Two top Tesla executives were noted as officers at a materials recycling company, Redwood Materials Inc, suggesting possible ties between the companies.

The Redwood City, California-based business has company’s chief technology officer, JB Straubel, and head of special projects, Andrew Stevenson, as executive officers, as per the filing.

The filing, dated April 28, was first flagged by research company CBInsights on Monday.

Redwood Materials did not reveal any direct connection with Tesla. Its single-page website, made in April, is sparse in details.

Redwood Materials, which states on its website it plans to concentrate on recycling, re-manufacturing and re-using materials, raised $2 million from a single undisclosed investor previous month, as per the filing.

Tesla could not be instantly reached for remark. The contact number noted on Redwood’s filing reached the voicemail of Stevenson.

In a keynote in March, the electric automaker listed “re-thinking the materials supply chain” as one of its focus departments.

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