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A right-to-work state, Mississippi’s affordable cost of living, low overall cost of doing business, and tax and financing incentives make it an attractive economic option for companies of all sizes — from start-ups to established multinational corporations.
This could create up to $1.5 trillion—or 30 percent more—in additional revenue potential in 2030, compared with about $5.2 trillion from traditional car sales and aftermarket products/services, up by 50 percent from about $3.5 trillion in 2015 (Exhibit 1).
During that period, at the behest of the Shanghai Municipal Government, SAIC effectively built a modern automotive supply chain in Shanghai from the ground up. Cars were initially built from knock-down-kits supplied by Volkswagen, but quickly became vehicles built from parts produced locally in Shanghai, and between 1990 and 1996 the city more than doubled its contribution to the national output of automotive parts.
However, in December the company scaled back some of its Autopilot features, after overzealous drivers began doing crazy things with it.” Tesla’s deployment strategy and messaging has also been criticized following a series of crashes and its first Autopilot-driven fatality in summer 2016.