The Tesla Motors [NSDQ:TSLA] Model S is undoubtedly a popular car, apparently even with kids. Radio Flyer teamed up with Tesla to make a pint-sized Model S for a slightly younger demographic than the full-size model.

The toy Tesla includes working headlights and an opening front trunk, which Tesla owners affectionately call a "frunk." It's also got forward and reverse gears and an audio system that can play music from smartphones or MP3 players. There are three exterior paint colors to choose from—Midnight Silver Metallic, Deep Blue Metallic, and Red Multi-Coat—based on colors offered on the full-size Model S.

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Perhaps to put parents at ease, there's no Ludicrous mode here. Top speed is 3 mph for "beginners," and 6 mph for more seasoned drivers. Unlike most toy cars, Radio Flyer can at least claim its Tesla uses the same type of powertrain as the real thing. There's a weight limit of 81 pounds, so any adults looking to fantasize about Tesla ownership are out of luck.

Pricing starts at $499 but just like a real car there are plenty of optional extras. A 190-watt-hour lithium-ion battery can be specified for $50, allowing for a bit more play time than the standard 140-Wh battery (range anxiety is apparently an issue even with toy electric cars). Silver turbine wheels (as opposed to the standard black) are available for $15 and a car cover is available for $50. A custom license plate and parking sign can also be had for $15 and $25, respectively.

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Radio Flyer is accepting pre-orders now and plans to ship the first mini Teslas in May.

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