Energy
Redwood Materials opens up new facility just miles from Tesla Giga Nevada
Redwood Materials, a battery and e-waste recycling venture from former Tesla executive J.B. Straubel, has opened up a new manufacturing facility in the Tahoe-Reno Industrial Park, just miles from Tesla’s Giga Nevada production facility.
Redwood’s new facility is just miles from Tesla Giga Nevada, where the automaker has a joint venture with Panasonic to produce electric vehicle batteries. Tesla also manufactures electric motors for the Model 3 in the Nevada Gigafactory.
In 2017, JB Straubel founded Redwood Materials to work on the recycling processes of lithium-ion batteries and electronic waste materials. He kept his post as Tesla’s Chief Technical Officer until July 2019, where the company gave him an advisory role. Over the past several years, Redwood has started to expand its business, taking on new products to recycle like solar panels and establishing new partnerships and recycling deals with companies like Nissan LEAF battery supplier AESC and Tesla. The partnerships contribute to around 3 GWh annually, equating to about 45,000 cars or 60 tons of waste every day.
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With more partnerships and more products being taken on by Redwood in their attempts to expand the recycling of batteries and sustainable energy products, the company recently purchased a 100-acre land plot in the Tahoe-Reno Industrial Center. The purchase of a new property expands Redwood’s potential battery recycling efforts. With the ever-growing electric vehicle market, battery recycling efforts and ventures will be a highly sought-after entity in the coming years as vehicles begin to reach the end of their life cycle. However, it goes past EVs because cell phones, laptops, solar panels, and other consumer products that utilize lithium-ion batteries for operation will also need to be sustainably handled at the end of their life cycle.
While Redwood is only a few short years into its journey as a company, it has been working on expanding its potential footprint into the industry. While its initial facility in Carson City, Nevada, sits just 20 miles south of the new property in Reno-Sparks, Straubel says that Redwood is working on expanding, but it’s not concerned about publicity.
“We’ve been on the quiet side because we prefer to make progress and get things done,” he said to the Reno Gazette Journal. “All that said, (the company) has been growing rapidly, and business has been great. We felt it was time to connect a bit more with the local community and help raise awareness for hiring and make sure people realize this is a worthy and unique opportunity here as well.”
The expanding market of consumer products that utilize lithium-ion batteries is huge. Not to mention, it’s also global. AirPods, electric bikes, toothbrushes, cell phones. You name it, it probably has a battery in it, and Straubel says that the environmental impact is great during the product’s lifetime is great. However, when it breaks or dies, what to do with the batteries afterward is what the real concern is. Recycling the batteries to give them a second use, especially in the application of electric vehicles, is what Straubel seems mostly concerned about.
Credit: Redwood Materials
“It’s a great thing for the environment, but it puts massive pressure on the supply chain and resources to build all these cars and batteries,” he added.
The Carson City facility is currently undergoing a 150,000 square foot expansion project, making it 550,000 square feet in total. The reason for the Tahoe-Reno location in Reno-Sparks is simple: Tesla Gigafactory.
In 2019, Panasonic and Redwood inked a deal that would allow the company to take the scrap generated from the Gigafactory and recycle it. It also has a deal with Amazon and will recycle the e-commerce giant’s lithium-ion batteries and other e-waste materials. Another reason for the Nevada location was Straubel’s familiarity with the area, he said. “It’s a very business-friendly climate politically and economically, and there’s generally more space to grow. You could also build a company a little bit faster and do so without some of the constraints…you have in California or other places like that.”
The act of recycling EV batteries and other lithium-ion-based products adds an extra environmental element to the entire process. Of course, the lifespan of electric vehicles is extremely environmentally conscious. Still, with Redwood’s recycling efforts, it’s becoming a completely well-rounded supply chain in terms of Earth-safe production and manufacturing. Redwood is also looking to expand its workforce by creating around 500 additional jobs starting this year, a drastic increase from its 130 current employees.
Tesla just trademarked ‘MEGAPOD’ with the United States Patent and Trademark Office (USPTO), its latest move in what seems to be a hint that the company is incredibly focused on its AI efforts and storage needs as compute increases.
The application carries serial number 99893717 and lists the applicant as Tesla, Inc., located at 1 Tesla Road, Austin, Texas 78725.
The filing remains in ‘live pending’ status, and it is a new application waiting for assignment to an examining attorney. It has not yet been published or registered.
Tesla just trademarked MEGAPOD
Summary:
“Modular data center hardware systems for artificial intelligence computing, comprised of computer servers, computer hardware for artificial intelligence processing, computer networking hardware, electrical power distribution units, and… pic.twitter.com/3l85DsKadl— Robin (@xdNiBoR) June 19, 2026
According to the official goods and services description in the application, Tesla describes ‘MEGAPOD’ as:
“Modular data center hardware systems for artificial intelligence computing, comprised of computer servers, computer hardware for artificial intelligence processing, computer networking hardware, electrical power distribution units, and cooling systems, sold as a unit; self-contained modular computing hardware systems for artificial intelligence workloads; integrated computer hardware platforms for artificial intelligence computing, namely, enclosures containing computer hardware, power distribution hardware, and cooling hardware, sold as a unit; downloadable software for monitoring, managing, optimizing, and regulating modular artificial intelligence computing hardware systems.”
This description specifies complete, self-contained modular units that integrate servers and specialized AI processing hardware with networking components, power distribution, and cooling systems. It also includes associated downloadable software for oversight and optimization of these systems. The language emphasizes hardware sold “as a unit” and enclosures that combine the necessary elements for AI computing workloads.
Tesla has an established history of developing and commercializing modular hardware systems. Its Megapack product line, for example, consists of utility-scale battery energy storage systems designed as containerized units for grid applications. The MEGAPOD filing follows a similar pattern of protecting a name for modular, integrated hardware platforms, this time focused on artificial intelligence computing infrastructure.
This could be an early move, especially as Tesla did not have trademark rights to the word ‘Cybercab,’ the name of its self-driving, ride-hailing-focused vehicle.
Trademark applications of this type allow companies to secure priority rights to a name for defined categories of goods and services. The USPTO examines applications for compliance with legal requirements, including distinctiveness and absence of conflicts with prior marks. If the application proceeds successfully through examination, publication, and any opposition period, it could result in a federal trademark registration providing nationwide protection. This is what Tesla’s obvious intention is with ‘MEGAPOD.’
Public reports and analysis suggest MEGAPOD could represent modular, container-style AI computing pods designed for easy deployment. These would bundle servers, AI accelerators, power systems, and cooling into self-contained units suitable for distributed AI workloads. This approach aligns with Tesla’s announced AI compute strategy.
In March 2026, Elon Musk outlined plans for “Digital Optimus” (also referred to as Macrohard), a joint Tesla-xAI project for AI agents capable of handling complex digital tasks. The plans include running these agents on Tesla’s AI4 hardware in parked vehicles as well as dedicated compute units installed at Supercharger stations, which collectively offer substantial unused electrical capacity.
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A modular hardware platform like the one described in the ‘MEGAPOD’ filing would support scalable, rapid deployment of such distributed compute resources. It could complement Tesla’s other AI infrastructure efforts, including the Dojo supercomputer used for training models and the development of AI systems for autonomous driving and robotics, by enabling edge or regional AI inference without reliance on traditional centralized data centers.
In a notable intersection of Big Tech powerhouses, Meta, led by Mark Zuckerberg, has partnered with Canadian energy infrastructure giant Enbridge on a significant renewable energy initiative that will rely on battery technology from Elon Musk’s Tesla.
The project, which was announced this week, marks another step in Meta’s aggressive push to power its expanding data center operations with clean energy, dispelling many of the complaints people have about them.
This new development is located near Cheyenne, Wyoming, and will feature a 365-megawatt (MW) solar farm paired with a 200 MW/1,600 megawatt-hour (MWh) battery energy storage system, also known as BESS. Tesla is providing the batteries for the project, valued at roughly $200 million.
The story was originally reported by Utility Dive.
This Wyoming project represents the first phase of Enbridge and Meta’s joint “Cowboy Project.” Once operational, it will deliver power to Meta’s regional data centers through Cheyenne Light, Fuel, and Power under Wyoming’s Large Power Contract Service tariff.
This tariff, originally developed in collaboration with Microsoft and Black Hills Energy, is designed specifically for large loads like data centers. It ensures that the renewable supply serves hyperscale customers without impacting retail electricity rates for other users.
The battery system will operate under a long-term tolling agreement, providing dispatchable capacity that enhances grid reliability. During periods of high demand, the utility can access the backup generation, addressing one of the key challenges of integrating large-scale renewables with the explosive growth of data center electricity demand driven by artificial intelligence.
This latest collaboration builds on prior joint efforts between Enbridge and Meta in Texas, including the 600 MW Clear Fork Solar, 152 MW Easter Wind, and 300 MW Cone Wind projects. Together with the Wyoming initiative, the companies have now partnered on roughly 1.6 gigawatts (GW) of combined solar, wind, and storage capacity.
The deal highlights the intensifying demand for reliable, low-carbon power from technology giants. Meta has committed to supporting its data center growth with renewable energy, joining peers like Microsoft and Google in seeking large-scale solutions. Enbridge’s Allen Capps described the project as “one of the larger utility-scale battery installations supporting U.S. data center operations and growth.”
The involvement of Tesla’s battery technology adds an intriguing layer, linking two of the world’s most prominent tech leaders—Zuckerberg and Musk—in the clean energy transition.
As data centers continue to drive unprecedented electricity load growth across the United States, projects like this one illustrate how hyperscalers are turning to strategic partnerships with traditional energy players and innovative storage solutions to meet both sustainability goals and reliability needs.
Elon Musk
Why SpaceX just made a $60 billion bet on AI coding ahead of historic IPO
SpaceX has secured an option to acquire Cursor AI for $60 billion ahead of its historic IPO.
SpaceX announced today it has struck a deal with AI coding startup Cursor, securing the option to acquire the company outright for $60 billion later this year, while committing $10 billion for joint development work in the interim. The announcement described the partnership as building “the world’s best coding and knowledge work AI,” and comes just days after Cursor was separately reported to be raising $2 billion at a valuation above $50 billion.
The move makes strategic sense given where each company currently stands. Cursor currently pays retail prices to Anthropic and OpenAI to the same companies competing directly against it with Claude Code and Codex. That means every dollar of revenue Cursor earns partially funds its own competition. With SpaceX bringing computational infrastructure to the Cursor platform, that could reduce Cursor’s dependence on OpenAI and Anthropic’s Claude AI as its providers. Access to SpaceX’s Colossus supercomputer, with compute equivalent to one million Nvidia H100 chips, gives Cursor the infrastructure to run and train its own models at a scale it could never afford independently. That one change restructures the entire unit economics of the business.
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Cursor’s $2 billion in annualized revenue and enterprise reach across more than half of Fortune 500 companies gives SpaceX something its xAI subsidiary currently lacks, which is a proven, fast-growing software business with real enterprise distribution.
For Cursor, SpaceX’s $10 billion in joint development funding is transformational. Cursor raised $3.3 billion across all of 2025 to reach that $2 billion in revenue. A single $10 billion commitment from SpaceX, even as a development payment rather than an acquisition, dwarfs everything Cursor has raised in its entire existence. That capital accelerates product development, enterprise sales infrastructure, and proprietary model training simultaneously.
The timing is deliberate. SpaceX filed confidentially with the SEC on April 1, 2026, targeting a June listing at a $1.75 trillion valuation, in what would be the largest public offering in history. The company is expected to begin its roadshow the week of June 8, with Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley serving as underwriters. Adding Cursor to the portfolio before that roadshow gives IPO investors a concrete enterprise software revenue story to price in, alongside rockets and satellite internet.
The deal also addresses a weakness that became visible after February’s xAI merger. Several xAI co-founders departed following that acquisition, and SpaceX had already hired two Cursor engineers, signaling where its AI talent strategy was heading. Cursor, for its part, faces a pricing disadvantage competing against Anthropic’s Claude Code.
Whether SpaceX exercises the full acquisition option before its IPO or after remains the open question. Either way, this deal reshapes what investors will be buying into when SpaceX goes public.
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