The laptop is barely four months old and retailers are already heavily discounting the model. The ThinkPad X1 Nano is an even smaller version of the ThinkPad X1 Carbon equipped with Thunderbolt 4 and an Intel Tiger Lake CPU.
https://www.notebookcheck.net/Latest-Lenovo-ThinkPad-X1-Nano-with-13-inch-2K-IPS-display-Thunderbolt-4-11th-gen-Core-i5-16-GB-RAM-and-1-TB-NVMe-SSD-is-on-sale-for-just-1199-USD.529773.0.html
Wasn't the latest 4:3 non-rugged laptop released about 10 years ago?