Tesla is expected to report a decline in year-on-year deliveries for the first time since the Covid pandemic in 2020. Analysts project a range of delivery numbers for Tesla's first quarter, with a consensus around 431,000 to 443,000 units. Chinese EV makers like Li Auto and XPeng Motors have reported significant year-on-year growth in deliveries for the first quarter of 2024. BYD's first-quarter EV deliveries have risen despite increasing competition, with a notable increase in both sales and production volume. Xiaomi's entry into the EV market has garnered significant attention, with strong initial orders for its maiden EV launch.