Ford Motor Co reported a 64% drop in first-quarter profit, with earnings before interest and taxes (EBIT) falling 63% to $1 billion. The company's adjusted earnings per share (EPS) exceeded expectations at $0.14 versus the forecasted $0.02, and revenue reached $40.7 billion, surpassing estimates of $36.2 billion. Despite record-high sales of electrified vehicles and maintaining its position as America's top pickup seller, Ford faced a $200 million tariff-related headwind. The Ford Pro commercial unit experienced a 56% year-over-year decline in profit to $1.3 billion, with revenue down 16% to $15.2 billion. The Ford Blue division, which sells internal combustion engine vehicles, saw profits fall 89% and revenue decline 3% to $21 billion. Ford's electric vehicle business reported an EBIT margin of -69%, an improvement compared to prior periods. The company has suspended its financial outlook amid ongoing uncertainties. Ford also warned of potential production disruptions due to China's restrictions on rare-earth mineral exports, which are critical to the automotive industry. These trade tensions, driven by U.S. President Donald Trump's tariff policies, are expected to cost Ford approximately $1.5 billion. Other automakers, including Ferrari, have also cautioned about the impact of U.S. tariffs on their profitability, although Ferrari reported a 17% increase in first-quarter profit and maintains strong demand for its luxury vehicles despite tariff risks. Rivian's CFO indicated the company is monitoring potential production impacts from China's rare-earth export restrictions as well.