Tesla dramatically reveals a 66-month car loan that acts like a lease

Amid a drumbeat of publicity about a major announcement today, Tesla Motors dramatically took down its website and held a conference call to reveal...a fancy car loan.

For Tesla, having built 4,750 Model S sedans, such things still count as big news. And given the difficulties of selling an all-electric sedan that starts at $62,000 with worries about how long the batteries will last, the loan has a few unique quirks, including a personal guarantee from Elon Musk of the car's future value. But with a monthly payment of more than $1,000, it's not for everyone.