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Tesla deliveries fall for second quarter in a row

Daily FT

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July 04, 2025

ELON Musk’s Tesla has reported a 14% decline in vehicle deliveries in the second quarter of the year, as the electric car- maker’s problems show no sign of abating.

Tesla deliveries fall for second quarter in a row

The just over 384,000 vehicles it delivered between April and June represents the second quarterly drop in a row.

Tesla faces increasing competition from rivals, including China’s BYD. Musk’s controversial role as a government efficiency czar in the Trump administration has also been blamed for the plummeting numbers.

Daily FT'den DAHA FAZLA HİKAYE

Daily FT

Access invests $ 6.9 m in cyclotron radiopharmaceutical facility

■Facility to produce isotopes for PET scans and cancer diagnostics ■Commissioning scheduled for today

time to read

1 min

February 16, 2026

Daily FT

Daily FT

Are you missing out? | The positive trajectory of the stock market

COLOMBO Stock Exchange Executive Senior Vice President Marketing Niroshan Wijesundere discusses the stock exchange and its role as a source of mid-to-long term investment returns, capital raising mechanism, and the equities outlook for 2026.

time to read

3 mins

February 16, 2026

Daily FT

15 private jets bring fans for India-Pakistan T20 clash

SRI Lanka witnessed a spike in private jet arrivals over the weekend as high-net-worth cricket fans and VIPs flew in for the much-anticipated India-Pakistan T20 World Cup encounter in Colombo.

time to read

1 min

February 16, 2026

Daily FT

Reserves dip marginally in Jan. to $ 6.82 b

GROSS official reserves amounted to $6.82 billion as at end-January, down a marginal 0.15% from a month ago, while gold reserves increased 26% to $ 109 million.

time to read

1 min

February 16, 2026

Daily FT

Daily FT

Digital banking hype: More to be done to make it inclusive

RECENTLY, a popular science writer and social activist had posted on X his frustrating experience with a leading private bank in Sri Lanka.

time to read

8 mins

February 16, 2026

Daily FT

Hospitality veteran Kamal Munasinghe takes helm at Cinnamon Life at City of Dreams

CINNAMON Life at City of Dreams yesterday announced the appointment of Kamal Munasinghe as its General Manager, effective 15 February 2026.

time to read

2 mins

February 16, 2026

Daily FT

Sri Lanka turns more optimistic amid strong Govt. approval: Mood of the Nation poll

Economic Confidence Index rises to +36, highest in four years of Verité Research polling

time to read

1 mins

February 16, 2026

Daily FT

CEB requests 13.56% electricity tariff hike for 2Q

THE Ceylon Electricity Board (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) regarding an electricity tariff revision for the second quarter of this year.

time to read

1 mins

February 16, 2026

Daily FT

Daily FT

SriLankan Airlines shines at World Airline Cricket Tournament

SRILANKAN Airlines delivered a strong performance at the World Airline Cricket Tournament 2026, emerging as Plate winners during an exciting week of cricket at The Sevens, Dubai from 1-8 February.

time to read

1 min

February 16, 2026

Daily FT

Losses from low-grade coal cost CEB Rs. 2.8 b

Recoverable penalties estimated at only Rs. 1 b

time to read

2 mins

February 16, 2026

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