The maker of the popular red toy wagon, Radio Flyer, announced today a “Model S for Kids” in partnership with Tesla Motors. The toy ride-on car uses li-ion batteries and has reportedly been developed in collaboration with the automaker.

Much like the Arrow Smart-Kart we covered last week, you can set a speed limit on the Model S for Kids: 3 mph and 6 mph (note that the toy is for kids ages 3 to 8 and has a weight capacity of 81 lb).

The replica toy car can be customized in Radio Flyer’s online design studio, which is similar to Tesla’s own design studio for the Model S. You can choose between three colors based on Tesla’s own colors offered for the Model S.

It comes with a standard 140 Wh battery pack, which can easily be swapped (similar to the battery swap system of the Gogoro scooters), and a premium 190 Wh battery is also available for $50.

Radio Flyer built-in a small frunk (front-trunk) just like the Model S’.

You can visit Radio Flyer’s website for more information.