Ford shares drop 7% after a strong rally, Tesla also falls amid broader market pullback

Ford shares fell 7% intraday after a recent 20% surge in one week, driven by profit-taking rather than any fundamental change. The company recently raised its full-year guidance, and operational performance remains strong. Tesla also dropped 4%, influenced by broader market sentiment and its high valuation, despite ongoing optimism about its AI and robotaxi prospects. Retail investors appear calm, treating the dip as a short-term move, while key technical levels for both stocks will be watched to gauge stability.