** EV maker Tesla's TSLA.O shares rise 2.5% to $439.30

** The White House is inviting Tesla's Elon Musk and Apple's Tim Cook to accompany President Donald Trump on his trip to China this week, according to a White House official

** The group of more than a dozen top executives is joining Trump for the visit including Meta's Dina Powell McCormick, Blackrock's Larry Fink, Blackstone's Stephen Schwarzman

** "I think Tesla shares are up as the market reacts to Elon Musk accompanying President Trump in his visit to China as Tesla could end up with a favorable deal from either the US or Chinese governments," says Seth Goldstein, senior equity analyst at Morningstar

** China said Trump will make a state visit from May 13 to 15, according to the Xinhua official news agency

** Up to last close, TSLA was down about 2% YTD