Ford Shares Climb 4.6% as Tesla Europe Sales Fall 17% and Recall
Ford shares jumped 4.44% to $14.24 on Tuesday as Tesla’s Europe sales tumbled 17% and BEV registrations rose across the EU. Federal regulators issued recall 26S08 for 2017–2019 Explorer SUVs over rear suspension toe-link fractures, with owner notifications beginning early March.
1. Stock Reaction and Market Context
Ford Motor shares rose 4.44% to close at $14.24, trading near their 52-week high of $14.50. European battery-electric vehicle registrations expanded even as overall EU new car registrations declined in January, while Tesla’s deliveries in Europe fell 17%, boosting investor confidence in Ford.
2. NHTSA Explorer Suspension Recall
Federal safety regulators launched recall 26S08 affecting 2017–2019 Explorer SUVs due to potential rear suspension toe-link fractures that may cause steering loss under certain conditions. Ford expects to begin mailing owner letters in early March with repair scheduling instructions and will make affected VINs searchable on the regulator’s website starting February 25, 2026.