Jeffrey Straubel is a co-founder of electric vehicle and clean energy company,Tesla, and the current CEO of Redwood Materials, a lithium-ion batteries and e-waste recycling company he established in 2017.
One of the first four employees of Tesla, Straubel spent 15 years with the company as its inaugural chief technology officer before stepping into an advisory role in 2019. During his tenure, Straubel focused on the technical and engineering design of the vehicles, new technology evaluation, R&D, IP and systems validating and testing. He split his time between Tesla’s car assembly plant in California and the Gigafactory in Nevada—camping out in trailers until the battery plant was finished in 2016.
Straubel led teams in the development of Tesla’s Model S and Model X, along with playing a large role in making the technology behind Tesla’s vehicle charging stations possible. Even before Tesla acquired SolarCity, Straubel led the development of the company’s stationary energy products.
In his current role as CEO and founder of Nevada-based Redwood Materials, Straubel is working to build a more affordable electronic vehicle through the use of recycled materials like cell phones.
Although Straubel’s name wasn’t always synonymous with the electronic vehicles industry, he was heavily interested in the science behind this next generation of cars from an early age. In 2000, he built an electric Porsche that ended up earning the 240 V SC/B world electric vehicle racing record. Additionally, he also built and raced solar cars on a team with his alma mater, Stanford.
Before signing on with Tesla, Straubel co-founded the aviation and aerospace company, Volacom, where he served as CTO. During his time with the company, Straubel designed a specialized high-altitude aircraft platform that used a hydrogen-powered electric power plant. He also co-invented and patented the long-endurance hybrid propulsion system concept which was later licensed to Boeing. Straubel began his career as a propulsion engineer with Rosen Motors.
In 2008, Straubel was named Innovator of the Year by the MIT Technology Review. He’s been a lecturer at Stanford for the university’s energy storage integration course, and he currently serves as president of the Straubel Foundation.
Straubel earned his B.S. in energy systems engineering and his M.S. in engineering from Stanford University.
What is Jeffrey B. Straubel's net worth?
The estimated net worth of Jeffrey B. Straubel is at least $123.22 million as of February 5th, 2024. Mr. Straubel owns 292,644 shares of Tesla stock worth more than $123,220,683 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Straubel may own. Learn More about Jeffrey B. Straubel's net worth.
How do I contact Jeffrey B. Straubel?
Has Jeffrey B. Straubel been buying or selling shares of Tesla?
Jeffrey B. Straubel has not been actively trading shares of Tesla in the last ninety days. Most recently, Jeffrey B. Straubel sold 15,000 shares of the business's stock in a transaction on Monday, July 29th. The shares were sold at an average price of $230.45, for a transaction totalling $3,456,750.00. Following the completion of the sale, the insider now directly owns 287,723 shares of the company's stock, valued at $66,305,765.35. Learn More on Jeffrey B. Straubel's trading history.
Who are Tesla's active insiders?
Tesla's insider roster includes Deepak Ahuja (CFO), Andrew Baglino (SVP), Eric Branderiz (VP), Robyn Denholm (Director), Ira Ehrenpreis (Director), John Field (VP), Jerome Guillen (Insider), Jerome Guillen (Insider), Zachary Kirkhorn (CFO), Zachary Kirkhorn (CFO), Elon Musk (Co-Founder & CEO ), Kimbal Musk (Director), Jeffrey Straubel (Insider), Vaibhav Taneja (CAO), Kathleen Wilson-Thompson (Director), and Xiaotong Zhu (SVP). Learn More on Tesla's active insiders.
Are insiders buying or selling shares of Tesla?
During the last year, insiders at the electric vehicle producer sold shares 21 times. They sold a total of 893,000 shares worth more than $242,295,199.34. The most recent insider tranaction occured on December, 6th when CFO Vaibhav Taneja sold 2,606 shares worth more than $975,191.26. Insiders at Tesla own 20.7% of the company.
Learn More about insider trades at Tesla. Information on this page was last updated on 12/6/2024.
