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Ford beat Tesla to become the auto industry's best-performing stock in 2021

Ford stock surged nearly 140 percent last year, beating out Tesla, General Motors and many new electric vehicle startups to become the best-performing stock among automakers in 2021. Ford's biggest one-day gain last year occurred on Dec. 10, when Ford executives said it would triple its electric vehicle production in North America and Europe to more than 200,000 a year by 2023. Ford shares surged 9.6 percent that day to close at a 20-year high of about $21.45 per share.

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