The Tesla logo is shown on the front of a new Tesla Model S car at a Tesla showroom in Palo Alto, Calif., on Nov. 5, 2013. Justin Sullivan/Getty Images
Shares of Tesla Inc. made history Monday, but it might not be the good kind.
The stock is very overbought. This means it has reached extremes above what would be its typical or average trading range. This is important because overbought stocks tend to sell off.
