Error Code P06DE

Hello all,

I picked up a 2021 Colorado LT V4 today with 95,000 miles on it. Everything went smooth on the test drive, but about 100 miles into driving it home, had the check engine light come on and the message "Engine Power is Reduced"

I took it to AutoZone for a scan and got code P06DE, but their system was down and they couldn't tell me more except "Engine Oil Pressure Control Solenoid Valve Stuck On"

I took it to another mechanic who scanned and said they were seeing an issue with the oil pressure sensor and the solenoid, and they estimated around $5,000 to fix it.

Does anyone else have experience with this code and any other possible solutions? I am definitely not a mechanic.

Thanks in advance.