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Tesla has a new model and it is by far the most affordable. It doesn't have a Ludicrous Mode, nor can it go 440 kilometres on a single charge. But it certainly looks like a Tesla, and comes in 'authentic' Tesla colours complete with lithium-ion battery technology.

The Model S for Kids is a collaboration between Radio Flyer and Tesla Motors, and can be driven by one child aged 3 to 8 to a top speed of 10 km/h, which is slightly faster than the average Power Wheels car. The toy car comes with working headlights, a frunk (front trunk) and a sound system with a plug for a music player. There is no 17-inch touchscreen to customize the ride height or temperature.

"This baby Model S really is quite fun," tweeted Tesla CEO Elon Musk, although we're not sure how he tested the car.

According to the Radio Flyer website, the Flight Speed Lithium-ion battery means it charges faster and goes farther than any other electric toy car. The battery can charge in three hours and the charging port is in the same spot as on a Model S. Even the charging cord looks the same.

It retails for $499 (U.S.) That's about 150 toy versions for the price of one real Model S. It is more expensive than the Feber Ferrari California Classic Car Ride-On ($450 U.S.) and the Avigo BMW i8 Ride-On ($220 U.S.).

Radio Flyer is taking pre-orders and the toys will ship in May.

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