Tesla has a new entry-level Cybertruck with longer range, and it’s the cheapest model yet at $69,990 before the federal $7,500 credit. Tesla pulled some significant features to achieve the price cut.

The new entry-level Cybertruck pairs cloth seats with a single-motor powertrain that adds 25 miles of range versus the all-wheel-drive model.

Tesla has had trouble selling Cybertrucks. Credit Elon Musk's political involvement, recalls, and build quality issues, or perhaps just a lack of demand. Tesla has been offering discounts to try to move Cybertruck inventory.