Ok, it must be science day today. I found a link to this article and just found it too strange not to post. Personally, I think this is ridiculous, but I'm sure people thought the idea of "an electronic buggy" was ludicrous too.
...the space elevator is a cable with one end attached to the Earth and the other end roughly 100,000 kilometers out in space. Standing on the Earth at the base of this "beanstalk " it would look unusual but simple, a cable attached to the ground and going straight up out of sight.