Tesla stock ( NASDAQ: TSLA ) soared past the $700 threshold earlier today after strong electric vehicle sales figures in China from rival companies promoted optimism regarding Tesla’s potential July delivery figures. Fueled by a recent price reduction of the Model 3 Standard Range+ variant in July, forward-looking projections could hint toward a strong July for Tesla, building upon the robust Q2 figures the company established in China. Tesla has not surpassed the $700 level since late April 2021 and has experienced a tumultuous 2021 due to supply chain shortages and unexpected bottlenecks in production due to excessive demand. Tesla…