At the helm of the new company are two of the top Manager of the Tesla — its Executive Director Jacob Strobel and curator of the projects of Andrew Stevenson. Reuters that his relationship with a new startup Tesla does not advertise, but nevertheless may be closely associated with Elon musk. Main type of activities Redwood Materials — processing of secondary raw materials.
The Use of recycled materials in the production of Tesla, SpaceX and SolarCity can be very convenient for the producers, because this will reduce expenses and always have access to cheaper materials and completely change the supply chain — this goal the leadership of Tesla not long ago identified as a priority. That is why many tend to think of Redwood Materials of another subsidiary of the Mask.
In April this year the company received nearly two million dollars on development, but who it was from — is unclear. Maybe in a few months and to clarify the situation, and while a Redwood Materials modestly stated that the purpose of the startup — work on improvement of technologies of processing of materials and increasing efficiency when re-use them.
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