Ford Motor Company stock price may find technical support at $12.25, with momentum indicators signaling a possible reversal if the auto sector rallies on favorable sales data. Farley said Ford's EV inventory is down given that the government set the Sept. 30 date for the tax credit expiration that all automakers built and sold down EV inventory toward. He said in a month, EVs sales will drop to 5% of the industry compared with 10% to 12% of the industry sales EVs are on pace for this month. More than 115,000 Ford trucks are being recalled because drivers could lose control of steering, according to U.S. auto safety regulators. The recent uptrend in Ford Motor Company stock price was briefly interrupted by profit-taking ahead of the Fed’s interest rate decision, with some fund managers rebalancing portfolios toward cyclical value plays.