Stellantis CEO Seeks Big Pay Raise Despite Losses; Scholz Visits China to Thaw Ties; GM Exits Renaissance Center HQ; Nissan Aims for Solid-State Batteries

Stellantis CEO Carlos Tavares is seeking a 60% pay raise to $39 million, despite the company losing market share. Shareholder advisory firms are urging investors to reject the proposal.

German Chancellor Scholz is visiting China to help normalize relations, as both countries rely heavily on each other economically, especially for EVs and manufacturing.

GM is leaving its Renaissance Center headquarters in Detroit for a new development. The future use of the iconic 1970s tower complex is uncertain.

Nissan believes it can make solid-state batteries viable by 2029, starting production slowly over the next few years.

The author debates whether to play sad or happy music to show his daughter he's not always sad while writing his newsletter.