
Yeah, it's a flying car.

Introducing TF-X: Terrafugia’s Vision for the Future of Personal Transportation
Let’s say that you’re traveling on the freeway to a business meeting and your GPS tells you that the road in front of you has just become impassable. There is an alternate route available; however, it adds an hour and a half to your journey. You will miss your meeting. This could be a nightmare. It seems there is an answer being developed. It is a hybrid car that transitions into an airplane.

http://www.rawstory.com/rs/2013/05/11/mit-trained-engineers-building-flying-hybrid-car-tf-x/