Wedbush analyst Daniel Ives views reports that EV talks with Nissan dissolved while Apple picks its electric vehicle and autonomous partner. He believes it's a matter of "when not if" Apple will enter the EV race over the next few years.

The new administration has shown that clean energy tech is on the table as a way to push for new jobs in the industry along with focusing on climate change policy going into the new year.

Apple has recently announced that it aims to come out with a self-driving electric car by 2024.

Northland analyst Gus Richard upgraded Luminar to Outperform from Market Perform with an unchanged price target of $41.

Ironically the skepticism is good; as moderated expectations ahead of what is going to be a Quadruple Quarterly Expiration week could actually be a plus.