Elite defined the genre in 1984 and this is Elite Dangerous, Elite 4 or Elite 2014. Sandbox, open world etc. Who cares - no need for labels. This is Elite! There was nothing like it in 1984 and there is nothing like it in 2014. No need to confine it to a supposed genre it stands unique.
Too true,
Also if all games in a genre were the same then there would not be a need for so many games.
People that like to control their spaceships in a cockpit, and being part of a universe instead of ruling it choose elite.
People that like to have more direct control of there universe by becoming a big wheel in the system choose EVE.
People that want to wait choose Star Citizen (Sorry low blow