Ford Motor Company stock price appears to be forming a base pattern, with chartists eyeing a potential breakout if trading volumes sustain above 70M shares daily. The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 153, putting it in the bottom 39% of all 250+ industries. He emphasized that electrification is accelerating abroad, and the US is just one part of a worldwide market. Part of those innovation efforts comes in the form of a new "universal electric vehicle platform" aimed at affordability. Farley said the goal is a $30,000 EV that appeals to mainstream buyers while maintaining competitive performance and features.