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.

There is perhaps no more divisive vehicle on the market than Tesla's Cybertruck and now the Texas-headquartered brand wants to make its all-electric pickup more accessible by launching a cheaper version.

Tesla unveils a new RWD Cybertruck trim with a 350 mile range, reduced towing capacity, no air suspension and a reduced price.