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Study on Ford’s BlueOval SK shows growth impact it will have in Kentucky

(Credit: Ford)

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A study on Ford’s $5.8 billion BlueOval SK battery park shows the growth impact it will have in Kentucky. The Hardin County Chamber of Commerce (HCCC) recently released a long-term economic impact study it commissioned to show the effects Ford’s BlueOval SK Battery park would have on Elizabethtown, Hardin County, and the state of Kentucky. 

“With the impending arrival of BlueOval SK and the prospect of 5,000 new jobs, it was crucial for HCCC, a conduit for regional business growth, to gain a deeper understanding of future implications,” said HCCC President and CEO Marty Moorman.

The study found that Ford and South Korean battery supplier SK On’s battery facility in Kentucky will be one of the largest in the world—in terms of square footage. It will be the 10th largest manufacturing site in the world, right behind Tesla’s Gigafactory Shanghai. However, compared to other electric vehicle (EV) battery manufacturing sites, BlueOval SK is the largest in the world and is projected to have the most capacity at 86 GWh.

The HCCC held an August Membership Luncheon where it shared some details of the study, listed below. 

  • an anticipated population surge of 22,380 in Hardin County, 
  • an expected direct payroll (including fringe benefits) of $3.63 billion at the battery park from 2026 to 2035, 
  • an anticipated need for 8,811 new housing units in Hardin County, 
  • an expected total of 3,901 new K-12 students and 
  • a projected need for 75 new hospital beds, 389 new hospital jobs, and 380 new ambulatory care jobs.

“With projections that include substantial population growth, increased employment opportunities, and a boost to various sectors of the local economy, this report sheds light on the kind of growth this region should expect and hopefully can influence and guide local businesses and organizations to implement strategies to appropriately grow in tandem,” noted L.B. Schmidt and Associates President Luke Schmidt who presented details of the report during the luncheon. 

The growth generated by BOSK will significantly impact the Elizabethtown Metro. The study found that each billion dollars spent on construction will support 11,600 jobs annually in the region. BOSK has an estimated employment multiplier of 1.603 for a total of 8,016 jobs. By EOY 2026, Ford’s BlueOval SK battery plan will have a direct plant payroll of $265 million or $363 million, including fringe benefits. From 2026 to 2035, the BOSK facility is projected to have a direct payroll impact of $2.65 billion or $3.63 billion, including fringe benefits.

Some of the key projections for BOSK are listed below. 

  • Battery plant construction period: 2022 through 2024; investment of $5.8 billion with an average of 4,500 construction jobs over three years with an average annual pay of $50,000 
  • The plant will begin battery production by EOY 2024 with 2,500 full-time employees; EOY 2025 with 5,000 full-time employees with average annual pay of $53,000; with fringe benefits: $73,000* 
  • Battery plant will attract several new supplier/support businesses to Hardin County.

Read the full study below.

HCCC Impact Study on Ford's BlueOval SK EV Battery Park by Maria Merano on Scribd

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Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Tesla begins Robotaxi certification push in Arizona: report

Tesla seems serious about expanding its Robotaxi service to several states in the coming months.

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Credit: Tesla

Tesla has initiated discussions with Arizona transportation regulators to certify its driverless Robotaxi service in the state, as per a recent report from Bloomberg News. The move follows Tesla’s launch of its Robotaxi pilot program in Austin, Texas, as well as CEO Elon Musk’s recent comments about the service’s expansion in the Bay Area.

The Arizona Department of Transportation confirmed to Bloomberg that Tesla has reached out to begin the certification process for autonomous ride-sharing operations in the state. While details remain limited, the outreach suggests that Tesla is serious about expanding its driverless Robotaxi service to several territories in the coming months.

The Arizona development comes as Tesla prepares to expand its service area in Austin this weekend, as per CEO Elon Musk in a post on X. Musk also stated that Tesla is targeting the San Francisco Bay Area as its next major market, with a potential launch “in a month or two,” pending regulatory approvals.

Tesla first launched its autonomous ride-hailing program on June 22 in Austin with a small fleet of Model Y vehicles, accompanied by a Tesla employee in the passenger seat to monitor safety. While still classified as a test, Musk has said the program will expand to about 1,000 vehicles in the coming months. Tesla will later upgrade its Robotaxi fleet with the Cyercab, a two-seater that is designed without a steering wheel.

Sightings of Cybercab castings around the Giga Texas complex suggests that Tesla may be ramping the initial trial production of the self-driving two-seater. Tesla, for its part, has noted in the past that volume production of the Cybercab is expected to start sometime next year.

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In California, Tesla has already applied for a transportation charter-party carrier permit from the state’s Public Utilities Commission. The company is reportedly taking a phased approach to operating in California, with the Robotaxi service starting with pre-arranged rides for employees in vehicles with safety drivers.

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Tesla sets November 6 date for 2025 Annual Shareholder Meeting

The automaker announced the date on Thursday in a Form 8-K.

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Credit: Tesla

Tesla has scheduled its 2025 annual shareholder meeting for November 6, addressing investor concerns that the company was nearing a legal deadline to hold the event. 

The automaker announced the date on Thursday in a Form 8-K submitted to the United States Securities and Exchange Commission (SEC). The company also listed a new proposal submission deadline of July 31 for items to be included in the proxy statement.

Tesla’s announcement followed calls from a group of 27 shareholders, including the leaders of large public pension funds, which urged Tesla’s board to formally set the meeting date, as noted in a report from The Wall Street Journal

The group noted that under Texas law, where Tesla is now incorporated, companies must hold annual meetings within 13 months of the last one if requested by shareholders. Tesla’s previous annual shareholder meeting was held on June 13, 2024, which placed the July 13 deadline in focus.

Tesla originally stated in its 2024 annual report that it would file its proxy statement by the end of April. However, an amended filing on April 30 indicated that the Board of Directors had not yet finalized a meeting date, at least at the time.

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The April filing also confirmed that Tesla’s board had formed a special committee to evaluate certain matters related to CEO Elon Musk’s compensation plan. Musk’s CEO performance award remains at the center of a lengthy legal dispute in Delaware, Tesla’s former state of incorporation.

Due to the aftermath of Musk’s legal dispute about his compensation plan in Delaware, he has not been paid for his work at Tesla for several years. Musk, for his part, has noted that he is more concerned about his voting stake in Tesla than his actual salary.

At last year’s annual meeting, TSLA shareholders voted to reapprove Elon Musk’s compensation plan and ratified Tesla’s decision to relocate its legal domicile from Delaware to Texas.

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Grok coming to Tesla vehicles next week “at the latest:” Elon Musk

Grok’s rollout to Tesla vehicles is expected to begin next week at the latest.

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Credit: Tesla China

Elon Musk announced on Thursday that Grok, the large language model developed by his startup xAI, will soon be available in Tesla vehicles. Grok’s rollout to Tesla vehicles is expected to begin next week at the latest, further deepening the ties between the two Elon Musk-led companies.

Tesla–xAI synergy

Musk confirmed the news on X shortly after livestreaming the release of Grok 4, xAI’s latest large language model. “Grok is coming to Tesla vehicles very soon. Next week at the latest,” Musk wrote in a post on social media platform X.

During the livestream, Musk and several members of the xAI team highlighted several upgrades to Grok 4’s voice capabilities and performance metrics, positioning the LLM as competitive with top-tier models from OpenAI and Google.

The in-vehicle integration of Grok marks a new chapter in Tesla’s AI development. While Tesla has long relied on in-house systems for autonomous driving and energy optimization, Grok’s integration would introduce conversational AI directly into its vehicles’ user experience. This integration could potentially improve customer interaction inside Tesla vehicles.

xAI and Tesla’s collaborative footprint

Grok’s upcoming rollout to Tesla vehicles adds to a growing business relationship between Tesla and xAI. Earlier this year, Tesla disclosed that it generated $198.3 million in revenue from commercial, consulting, and support agreements with xAI, as noted in a report from Bloomberg News. A large portion of that amount, however, came from the sale of Megapack energy storage systems to the artificial intelligence startup.

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In July 2023, Musk polled X users about whether Tesla should invest $5 billion in xAI. While no formal investment has been made so far, 68% of poll participants voted yes, and Musk has since stated that the idea would be discussed with Tesla’s board.

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