If you can't afford a $95,000 Tesla Model S, there's a much cheaper option in works – but be warned: it maxes out at about ten kilometres per hour.

That's because this Model S is for kids, which is why it only costs $499 US and comes with one seat that pokes out from the middle of the car.

According to the toy's website, a charge on the regular battery only covers about nine and a half kilometres, meaning it doesn't make for a great commuter vehicle.

Additionally, it's designed for three to six-year-olds.

The miniature vehicle was built by Radio Flyer, commonly known as the company that makes the red toy wagon, also known as the Radio Flyer.

The nearly 100-year-old company makes scooters, tricycles and evidently functional model sports cars.

Just like the real electric vehicle, it runs on a lithium-ion battery, has working headlights and is Tesla CEO Elon Musk approved

This baby Model S really is quite fun <a href="https://t.co/40W5sS5bKI">https://t.co/40W5sS5bKI</a> —@elonmusk

Several Twitter users imagined what it must have been like to have the 44-year-old chief executive test-driving a car made for children

<a href="https://twitter.com/chriskreidler">@chriskreidler</a> <a href="https://twitter.com/engadget">@engadget</a> yes, this was done jointly with Tesla and Radio Flyer —@elonmusk

<a href="https://twitter.com/elonmusk">@elonmusk</a> <a href="https://twitter.com/engadget">@engadget</a> Now there's something I'd love to see :D —@chriskreidler

<a href="https://twitter.com/elonmusk">@elonmusk</a> fun is when you drive one and come to <a href="https://twitter.com/hashtag/Madrid?src=hash">#Madrid</a> next May with all the <a href="https://twitter.com/TeslaMotors">@TeslaMotors</a> that you want ;) <a href="https://twitter.com/hashtag/DES2016?src=hash">#DES2016</a> <a href="https://t.co/CkoYTfT7C1">pic.twitter.com/CkoYTfT7C1</a> —@DES_show

Despite it being for kids, grown adults have expressed interest in owning one

<a href="https://twitter.com/elonmusk">@elonmusk</a> what…what’s the weight limit? Asking for my kid of course. It’s for kids. —@jefframes

<a href="https://twitter.com/elonmusk">@elonmusk</a> Can it support a 230 lb guy with long legs? Asking for a friend... :) —@DaveWoodX

Others focused on the fact that this tiny car is a Tesla model they could finally afford

<a href="https://twitter.com/elonmusk">@elonmusk</a> Say, there's a Tesla I can afford! xD —@weezmgk

<a href="https://twitter.com/elonmusk">@elonmusk</a> I know you were trying to make the next model of Tesla more affordable but I think you may have gone too far… —@DareMachina

There were some concerns over insurance, however

<a href="https://twitter.com/elonmusk">@elonmusk</a> i dont think geico will cover this on my policy. —@datemetayswf13

<a href="https://twitter.com/datemetayswf13">@datemetayswf13</a> Hey what's going on? Can we help you with something? -Jessica —@GEICO_Service

And many expressed regret that it doesn't actually come with any of the Tesla's self-driving features

<a href="https://twitter.com/elonmusk">@elonmusk</a> When will the <a href="https://twitter.com/hashtag/Autopilot?src=hash">#Autopilot</a> update will be available for this model? —@brvandewalle

<a href="https://twitter.com/elonmusk">@elonmusk</a> <a href="https://twitter.com/engadget">@engadget</a> <br><br>Oooh. I hope it has autopilot. My son gets distracted easily. —@nicknamesnuts

The Verge, however, pointed out that if your young child really wants to put pedal to the metal, they might be better off in an Arrow Smart-Kart.

That red sport vehicle comes with none of the decorative features of the Tesla Model S for Kids, but does go to the extreme speed of 19 kilometres per hour.

That is nine kilometres faster that the average road speed of a bicycle in Copenhagen.

As for adults looking to own part of the tiny Tesla experience without spending almost $500 (plus another $50 for the optional car cover), Tesla also sells roughly 28 centimetre long die cast models for $210 US.