Analysts lowered expectations for Tesla Inc.’s 2026 EV deliveries to about 1.69 million units from 1.75 million in December, signaling a slower recovery after two years of declining demand. The revised forecast implies modest growth from 1.64 million vehicles sold in 2025. First-quarter deliveries are projected at 364,645 units, up about 8.6% year over year. The prior period was affected by backlash tied to Elon Musk’s political role and production disruptions from a Model Y refresh.