Tesla stock rebounded Friday after falling back from all-time highs in the previous session, as it looked to reach another record close.

Israel Englander of Millennium Management sold 11.5 million shares of Apple, reducing his stake by 90%. Apple had been one of his 10 largest holdings, but it no longer ranks in the top 50. Meanwhile, Englander bought 225,760 shares of Tesla, increasing his position by 51%.

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It’s $420 and beyond! Tesla shares closed at a new record high of $424.77 on Wednesday, bringing the automaker’s valuation […]