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

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

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

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

There were some concerns over insurance, however

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

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.