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Finance and Asset Management: A Decade Shift

Finance | Feb 19, 2026

Finance and Asset Management: A Decade Shift

Sri Lanka’s Finance and asset management sector has undergone a structural transformation over the past decade, shaped by capital market deepening, regulatory reform and the 2022 crisis reset. Assets under management expanded alongside pension funds, unit trusts and private wealth mandates, even as macro volatility tested liquidity and currency stability. With IMF-backed reforms and tighter monetary policy now anchoring expectations, the industry faces a more disciplined but opportunity-rich phase.

Tesla Auto Sales Drop 17% as Musk Pivots

International | Feb 19, 2026

Tesla Auto Sales Drop 17% as Musk Pivots

Tesla recorded a 17% drop in U.S. vehicle sales for January 2026, reaching roughly 40,100 units. Elon Musk confirmed April production start for the steering-wheel-free Cybercab priced below $30,000, with deliveries targeted before 2027. The company has guided for capital spending above $20 billion this year, focused on autonomy and robotics. Musk's net worth sits at $849.3 billion, with prediction markets assigning a 75% chance he becomes a trillionaire in 2026.

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