A turbine after the combustion chamber steals some of the energy to move the compressor and the fan. Most of the air (>90%) just goes through the fan and bypasses the engine. You could argue that these engines are _already_ cleverly camouflaged propellers :)
https://en.wikipedia.org/wiki/Turbofan https://www.quora.com/How-much-of-a-jet-engines-thrust-is-de...
I'm kind of surprised that Elon Musk, who clearly knows his stuff in rocketry, is handwaving the difficulties of an electric jet. Personally I see it as far more likely that we'll continue to use conventional aircraft but start synthesising fuel from renewable energy. The US Navy is already looking at doing this to make jet fuel from spare carrier nuclear power:
http://www.nrl.navy.mil/media/news-releases/2014/nrl-fuel-fr...
Think something like this: <=|=>
Importantly the air flows through the compression chamber at Subsonic speeds.
PS: While simplified this is the general approach for low mach speeds as burning stuff in a supersonic combustion chamber is much more difficult.
http://www.aviation.com/general-aviation/elon-musk-toying-de...
Not saying it's impossible. Just hard.
Building an economically viable mass-market aircraft with a 70% mass fraction might be another question, but if we're just talking about the engineering challenge of building it at all I don't think that's hard?
Unsure how much energy you'd save from the difference in drag, but I'd guess that significant improvements in electric energy storage would be required to make an electric plane doable.
[0] https://en.wikipedia.org/wiki/Kerosene#Properties [1] https://en.wikipedia.org/wiki/Lithium-ion_battery