At a recent Tesla event, Elon Musk stunned the world by unveiling the company’s first fully electric flying car prototype. With a starting price of only $34,990, Tesla is set to disrupt the personal air mobility industry.

“We’re completely redefining what airborne transportation means,” Musk declared. The flying car could hit the market as early as 2028, two years ahead of the original plan. The announcement shocked investors and tech insiders alike, as the price undercuts current eVTOL models like the ALF Aeronautics Model A ($300,000) by 6–8 times.

At the heart of Tesla’s design is the Quantum Lift Propulsion System (QLPS)—a revolutionary technology combining magnetic lift, superconductors, and Tesla’s advanced battery packs to allow vertical takeoff and landing without a runway. Experts, including Dr. Emily Carter, have called this a potential turning point on par with the Wright brothers’ first flight.

Rumors suggest Tesla may eventually launch an ultra-basic version for under $7,000, leveraging massive supply chain advantages, high-efficiency automation, 3D-printed frames, recycled EV batteries, and minimalist design. Tesla’s Gigafactories will be key in making this radical price possible.

The flying car is designed to carry two passengers, fly at altitudes of around 150 meters, and operate autonomously—making it a perfect fit for the upcoming Tesla Network of self-driving air taxis. Tesla could even subsidize the flying car’s price through revenues from this service.

Another standout feature is the use of mini rocket-style thrusters, based on fuel tank technology from SpaceX. Originally built for space missions, this tech is now being adapted for mass production at ultra-low cost.

With over 40% of consumers expressing interest in flying cars if priced under $50,000, Tesla appears poised to lead yet another transportation revolution. If successful, this flying EV could do for air mobility what the Model 3 did for electric cars—bring it to the masses.