Tesla CEO Elon Musk steps out of the new Tesla Model X during an event to launch the company's new crossover SUV on September 29, 2015 in Fremont, California.
Tesla CEO Elon Musk steps out of a Tesla Model X in 2015.
  • Tesla stock "gets boring," Bespoke Investment Group said after the EV maker's update. 
  • Wall Street's expectations for Tesla look more like those for a traditional carmaker and less like a disruptor, it said. 
  • Bespoke spotted the highest correlation between Tesla stock and other automakers since 2016.

"Tesla Gets Boring."