After Elon Musk said these five things last week, Tesla stock jumped.

The technology index Nasdaq-100 rose 3.3% last week, making it a good week for investors. Investors in electric vehicle (EV)

market leader Tesla (TSLA -0.13%) had it even better, with a 7.5% increase in stock price.

Elon Musk, Tesla's CEO, updated investors on the company's progress during the annual meeting 

and in an interview with CNBC journalist David Faber, prompting a significant price increase.

Here are five key insights that may convince you to purchase the stock.