shares of ford motor co f jumped 18 toward a 21year high in premarket trading tuesday after the auto maker said it plans to nearly double production of its allelectric f150 lightning pickups at its dearborn michigan facility to 150000 trucks per year to meet soaring customer demand the company said production of the 2022 f150 lightning will begin in the spring on thursday ford said the first wave of reservation holders for the lightning will begin converting their reservations to orders and will be invited to place their order over the next few months with nearly 200000 reservations our teams are working hard and creatively to break production constraints to get more f150 lightning trucks into the hands of our customers said kumar galhotra president of the americas  international markets group separately ford said it will triple production for the mustang mache with expectations to reach more than 200000 units per year by 2023 the stock which is on track to open at the highest price seen during regularsession hours since august 2001 has run up 517 over the past three months while rival general motors cos stock gm has advanced 133 and the sp 500 spx has gained 115