Tesla Q1 deliveries seen rebounding nearly 10% from year-ago slump

April 1 (Reuters) - Tesla's ‌first-quarter deliveries ​are ​expected to climb nearly 10% from a year-earlier slump, when a major backlash against Elon ‌Musk's far-right political rhetoric weighed heavily on sales.

The ⁠Elon Musk-led EV maker is expected to report deliveries before ‌the markets open on Thursday.

* ‌Analysts polled by Visible Alpha expect Tesla to deliverabout 368,900 vehicles in the January–March period, representinga sequential ​decline of 11.8% but growth of 9.6% from a yearearlier, when a major backlash against Musk's ⁠far-rightpolitical rhetoric hurt sales * The average of 23 estimates compiled by Tesla ​is 365,645units * Intensifying competition in Europe and China and theexpiry of a $7,500 federal tax credit ​in the U.S. on EVpurchases ‌in September weigh on demand * New registrations of Tesla cars tripled in France inMarch, just ⁠shy of a two-year-old record high, and more thandoubled in the Nordic countries, data showed on Wednesday * While Wall ⁠Street estimates still point to modest growththis year, sentiment has shifted ​notably in recent months, withsome analysts expecting a decline * Analysts expect deliveries of 1.7 million vehicles thisyear, and 1.84 million ‌units in 2027, according to Visible Alphadata * Tesla is increasingly shifting its focus beyond ‌electricvehicles, placing bets on solar energy, humanoid robots, andautonomous ⁠robotaxis as the next ‌pillars of its ​business.

(Reporting by Akash Sriram in Bengaluru and Abhirup Roy in San Francisco; Editing by Anil ‌D'Silva)

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