Ford stock slips before market open as EV sales dive and Geely talks linger
Ford shares fell 0.7% to $13.72 in premarket trading Friday after January U.S. sales dropped 5.3%, with EV sales plunging 69.2%. Talks with China’s Geely on possible tech and factory partnerships are ongoing. Ford plans a $19.5 billion EV writedown as the industry faces $55 billion in charges globally. General Motors and Tesla also traded lower early Friday.