Billionaire Profile
JB Straubel
Global Rank
#2226

Image: RudolfSimon | CC BY-SA 3.0 | via Wikimedia Commons

JB Straubel

CEO, Tesla
UNITED STATES
Real-Time Net Worth
$1.799B
Estimated based on Tesla stock value as of March 6, 2026
0% (24h)
Age
50
Source
Tesla, Redwood Materials
Industry
automotive
Citizenship
UNITED STATES

Biography

JB Straubel is an American businessman and electrical engineer, best known as a co-founder of Tesla and the founder and CEO of Redwood Materials. As Tesla's Chief Technology Officer for 15 years, Straubel spearheaded the development of Tesla's battery systems and electric motors. Straubel, with a current net worth of 1.3 billion USD, is a key figure in the automotive industry, driving innovations in electric vehicle technology and sustainable practices, including battery recycling and material production.

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Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Jeffrey Brian Straubel was born on December 20, 1975, in Des Moines, Iowa. From a young age, Straubel showed a strong interest in engineering and sustainability. He pursued this passion at Stanford University, where he earned a Bachelor of Science in energy systems engineering and a Master of Science in energy engineering. During his time at Stanford, he designed his own major and participated in the university's solar car team. Straubel also rebuilt a Porsche 944 into an electric vehicle, which earned a world EV racing record in 2000.

Rise to Success

Straubel joined Tesla as its fifth employee in 2004 and is considered a co-founder. He served as the Chief Technology Officer (CTO) from 2005 to 2019, leading the design of battery cells, supply chain management, and the concept and production ramp of the Model 3. Straubel was instrumental in Tesla's growth, overseeing research and development, team building, and operational expansion. He left the C-suite in 2019 but remains on the board. In 2023, he was elected to the Tesla Board of Directors.

Key Business Strategies

In 2017, Straubel founded Redwood Materials, Inc., a battery recycling and materials company. Redwood Materials aims to create a closed-loop system for lithium-ion batteries, recycling them and creating new materials. This strategy addresses the environmental impact of battery waste and the supply chain challenges for critical battery materials. Redwood Materials has raised significant funding, including investments from T. Rowe Price Associates, Goldman Sachs Asset Management, and the U.S. Department of Energy. The company plans to produce enough cathode active material to build over 1.3 million EVs a year by 2028.

Philanthropy

In 2015, Straubel and his wife, Boryana Dineva, co-founded the Straubel Foundation, which focuses on environmental sustainability and education.

Career Milestones

2004

Joined Tesla

Joined Tesla as its fifth employee and co-founder, serving as CTO.

2017

Founded Redwood Materials

Founded Redwood Materials, a battery recycling and materials company.

2019

Transitioned from CTO at Tesla

Moved from his role as CTO at Tesla to an advisory role.

2023

Elected to Tesla Board of Directors

Elected to the Board of Directors of Tesla.

Philanthropy & Social Impact

Environmental Sustainability

Straubel Foundation

Undisclosed

Focuses on environmental sustainability and education.