Tesla finally launches a bike — but it’s not what fans wanted

This one's about cars, not home energy upgrades, but here's the gist: Tesla has launched its first bike, and it's a toddler's balance bike, not the electric bike fans have wanted for years. It sells for $225 on Tesla's website and is aimed at kids aged 2 to 5.

The bike has a lightweight magnesium frame, an adjustable seat with five height settings, and Tesla branding, but no pedals or motor. Kids push it along with their feet to learn balance before moving to a pedal bike. Tesla says it fits kids with a minimum leg length of 13.7 inches and a weight limit of 77 pounds, and it comes with the tools needed to put it together.

On price, Tesla lands at the high end of the balance-bike market. Many balance bikes cost $50 to $120, and a similar magnesium-frame model from another brand sells for around $73. Tesla's price is closer to premium options like the Woom 1 at $249 or the Strider 14x Sport at $220. So while Tesla fans keep hoping for an electric bike from the company, this toddler bike is what's actually available for now, priced like one of the pricier options in its category.