פֶּ֨ן־תַּשְׁחִת֔וּן וַעֲשִׂיתֶ֥ם לָכֶ֛ם פֶּ֖סֶל תְּמוּנַ֣ת כָּל־סָ֑מֶל תַּבְנִ֥ית זָכָ֖ר א֥וֹ נְקֵבָֽה׃
אַז איר זאָלט ניט פֿאַרדאָרבן װערן און אײַך מאַכן אַ געשניץ, די גלײַכעניש פֿון אַ שום בילד, די געשטאַלט פֿון אַ זָכר אָדער אַ נקבֿה,
Chizkuni
פן תשחיתון, “lest you will become corrupt;” this refers to the previous verse in which the people had been reminded that even during the revelation at Mount Sinai they had never had a visual image of their G-d. How much less are they allowed to fashion imaginary images of Him, and become thoroughly corrupted in their belief in the One and only but invisible G-d, their Creator.
Ibn Ezra
a graven image something that is cut (as in, “Shlomo’s builders hewed” [I Kings 5: 32])