Tesla to raise around $500 million in public offering

DETROIT — Electric car maker Tesla Motors said Thursday it hopes to raise around $500 million in a stock offering that comes as it prepares to roll out its highly anticipated new SUV. Tesla will offer 2.1 million shares and expects net proceeds of $492.6 million. Tesla could make up to $566.5 million if the underwriters exercise their option to buy additional shares. Tesla CEO Elon Musk intends to purchase $20 million worth of stock. The company’s shares rose 1 percent to $240.94 in late af