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Why Tesla stock is getting left in Ford's and GM's dust

Jun 24, 2021 - CNN
Board and Executive Moves

Tesla had a stellar 2020: The electric car maker was added to the S&P 500 and the stock surged an electrifying 743%. But some investors have pulled the plug on the company lately.

Tesla shares are nearly 25% below their all-time high set earlier in the year, and down 2% for 2021 to date -- a time when traditional automakers are surging as they ramp up electric vehicle ambitions.

Ford stock is up nearly 75%, putting it in the top 10 of the S&P 500 in 2021. The company unveiled its ele...