Ford CEO Jim Farley spoke to reporters outside the company’s headquarters in Durban, Michigan, on May 19, following the launch of an electric F-150 lightning pickup truck.

Michael Wayland / CNBC

Detroit – Ford MotorFor the first time since September 2001, the stock rose $ 20 a month on Monday, prompting investors to show confidence in CEO Jim Farley’s diversion plan.

Ford acquired three times its share of less than $ 7 after Farlele took control of the automaker last October. Ford traded up 5.9% on Monday, up 4.5% on Monday, before moving slightly to close at $ 20.15.

Ford’s stock has jumped 129 percent this year. This is an increase of 43% from other vehicles such as General Motors and Tesla by 65% ​​this year.

Such a rally was missed by Ford’s last two executives. Delayed stock prices are very high. Contributed to the origins Farley’s predecessors, Mark Fields and Jim Hacket.

Farley did nothing, but the major events of the past year, or Ford, once again became popular with investors. Actions that are part of the Farley Ford + Rotation plan range from the reorganization of the car manufacturer’s management team to the announcement. Billions of dollars In autonomous and electric vehicles.

“We are seeing evidence of significant changes in Ford and very clear developments in a very short period of time. Ford is recording a new financial performance record and transitioning to EV / Digital. The world is growing rapidly,” said Dan Levy, a credit Swiss analyst, in a recent investor note. .

Most recently, Ford announced on Thursday that it plans to buy up to $ 5 billion worth of high-yield bonds as part of its larger plan. Restart the account.

Farley told CNBC last month. Ford shares “absolutely” Have plenty of room to run as the rotation plan continues.

“There is a growing belief that Ford will be one of the winners in this new digital transformation in the industry,” he said in a telephone interview. It plans to invest $ 11.4 billion Manufacture of electric batteries and vehicles in the US. “We have a lot of incredible ups and downs.”

In addition to intensive EVs and turnaround plans, Farley hired high-profile executives to the automobile. Among them are Dog Field, Former Tesla and Apple The executive, and Mike Amen, was most recently an online president. Yellow.

.