The company s stock price has roughly doubled since Farley took control of the company Oct. 1. That includes a 12.6% increase last week after the debut of the company s new electric F-150 Lightning pickup truck.
Investors will be watching the highly anticipated investor event to see if Farley can keep up the momentum. He has promised to provide details his management team s direction for the automaker. [It s] a big deal. It s my management team s coming-out party, Farley said last week. Yes, we ve had a couple good quarters. That s great, but really the big test is what s our plan for the company and how it s going to add value.
Wall Street Has High Expectations for Ford s Investor Day nbcconnecticut.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbcconnecticut.com Daily Mail and Mail on Sunday newspapers.
Operator
Good morning, and welcome to the General Motors Company first-quarter 2021 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded, Wednesday, May 5, 2021. I would now like to turn the conference over to Rocky Gupta, treasurer and vice president of investor relations.
Rocky Gupta
Treasurer and Vice President of Investor Relations
Thanks, Tabitha. Good morning, and thank you for joining us as we review GM s financial results for the first quarter of 2021. Our conference call materials were issued this morning and are available on the GM investor relations website. As usual, we are also broadcasting this call via webcast.