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$500 Tesla Model S for kids coming in May

Tesla built the car with Radio Flyer and is offering the roughly 40-pound vehicle for $500 starting in May. (RadioFlyer/YouTube)

The Tesla Model S is a fully electric luxury performance sedan that can reach 0-60 mph in less than three seconds.

It comes with a $70,000 price tag and is one of the most popular selling cars.

Now a version is available for kids.

While the Tesla Model S for kids does have a similar rechargeable lithium ion battery powerplant it won't reach the top speed of its full size version.

Tesla built the car with Radio Flyer and is offering the roughly 40-pound vehicle for $500 starting in May. It is customizable with three paint colors available and two wheel options. It has working headlights, storage space in the trunk and a sound system.

The car is designed for kids aged 3 to 8 and up to 81 pounds.

As far as top speed? Don't worry, this Model S has two speed options. It can get up to 6 mph or a parent-limited speed of 3 mph.

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