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Elon Musk Teases Possible New Project: Electronic Airplanes

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Elon Musk has been the talk of the town lately as a third Model S fire was reported last week. Since then, shares in his company Tesla has fallen 22 percent.

But that hasn’t stopped Musk from coming up with new ideas for the future. At The New York Times’ DealBook conference today, Musk hinted at the possibility that his next project would be electronic airplanes.

According to The New York Times:

Mr. Musk, the chief executive of Tesla Motors and SpaceX, said on Tuesday that he had envisioned a design for an electric supersonic airplane, with the ability to take off and land vertically. He said he began to conceive of such a jet after the Concorde was grounded a decade ago.

“I do think there’s an interesting opportunity to make a supersonic vertical takeoff-landing jet,” Mr. Musk said at DealBook’s Opportunities for Tomorrow Conference on Tuesday.

He recalled becoming concerned when British Airways and Air France said they would retire their fleet of Concordes in 2003. That provided the germ of an idea.

“It bothers me when it seems like the future is getting worse,” Mr. Musk said.

During the conference, Musk also noted that even with the bad press surrounding the Tesla Model S, there will not be a recall.

“There’s definitely not going to be a recall,” Musk said. “There’s never been a serious injury or death in a Tesla.”

What are your thoughts on Elon Musk possibly going into the electronic airplanes business in the future? Make some noise in the comments below!

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