Ford Stock Falls as Oil Spike, Tariff Costs and F-150 Supply Risks Mount
Ford shares fell 2.2% to $11.53 in New York morning trading Thursday, while Tesla dropped 3.1% and GM slipped less than 1%. Brent crude hovered near $112 a barrel after spiking above $118 overnight, clouding the outlook for rate cuts and pressuring automaker stocks. Ford faces about $2 billion in 2026 tariff costs, much tied to aluminum, as supplier Novelis remains below full output until at least May.