For years, fans of Tesla Inc have been requesting that the company expand its offerings to include more vehicles, such as a minivan, motorcycle, or airplane. While Tesla has no plans to make motorcycles, the company is now selling bikes for kids.
Key Points
- Tesla stock is facing resistance
- The company has launched a balance bike for kids, priced at $225
- The balance bike has no motor or pedals and is meant for kids in the 2 to 5-year-old age group
Tesla Balance Bike for Sale
The mini Tesla section in the company’s online shop has launched a new balance bike, which is currently sold out. Consumers can join the email list to find out when more are available, with shipping estimated to start in late August. The balance bike features:
- A lightweight magnesium frame
- Adjustable seat
- Futuristic design
- Tesla wordmark on the side and the Tesla ‘T’ logo on the front
- Five height levels
- Tools to assemble the bike are included
- Minimum leg length: 13.7 inches
- Recommended weight limit: 66.1 pounds
- Maximum weight limit: 77.1 pounds
Tesla Grows Merchandise
The $225 price point for the balance bike is a premium for most balance bikes, but comes close to the pricing for the premium end balance bikes. Tesla’s online shop also includes other items for kids, such as:
- Cybertruck for Kids ($1,500)
- Cyberquad for Kids ($1,650)
- Wind-up cars
- Wooden playsets
- Tesla Bot action figure
- Diecast models
By offering merchandise across different age groups, Tesla may be able to create a new group of customers and build on its strong word-of-mouth advertising and loyal fan base.