Elon Musk, CEO of Tesla, and Tim Cook, CEO of Apple, are expected to join President Donald Trump in China for a summit with Chinese President Xi Jinping this week. This gathering includes top executives from various sectors, such as Boeing, Goldman Sachs, and BlackRock, aiming to secure business deals and finalize a board of trade with China. Notably, Boeing is anticipated to announce a significant order for 500 737 Max jets during this visit, which could be one of the largest in its history. Following the news of Musk's inclusion, Tesla shares increased by 1.3%, reversing earlier losses. The delegation reflects a thawing relationship between Trump and Musk, who previously had a contentious relationship. However, the absence of Jensen Huang, CEO of Nvidia, raises concerns about the company's prospects in the Chinese market, which Huang has estimated could be worth $50 billion for AI processors. Tesla continues to navigate a competitive landscape in China, where it reported a 36% increase in vehicle shipments from its Shanghai factory compared to last year.