Ford became the most bullish auto stock in 2021

Recently, according to foreign media reports, In 2021, Ford's stock price rose by about 140%, thus beating Tesla, GM and a large number of electric vehicle start-ups, becoming the highest-gained car stock last year. In October 2020, Jim Farley began serving as CEO of Ford, and under his leadership the established car company began to explore new directions, a move that was appreciated by investors. Farley has previously promised that the company will become more open and direct when it comes to investors. In addition, he has launched a "Ford+" restructuring plan to devote more resources to electric vehicle manufacturing, such as the upcoming F-150 Lightning pickup truck.

On December 10 last year, Ford saw its biggest one-day gain when Farley confirmed on Twitter that it would triple production of The Muddy Mach-E electric vehicles in North America and Europe to more than 200,000 vehicles a year in 2030. The stock surged 9.6 percent on the day to $21.45 a share, a 20-year high. On October 28, Ford saw another day of stock price surges, when the company released its third-quarter earnings report, improved its annual guidance, and announced earnings per share that doubled analysts' expectations, after which its stock price rose 8.7%. In the 15 months since Farley took office, Ford shares have risen more than 200 percent. Ford's current market capitalization is $83 billion, and it still has a long way to go if it wants to catch up with some other established car companies, or electric vehicle startups like Rivian, in terms of market capitalization. (The picture comes from the Internet, if there is infringement, please inform and delete)