Peloton Tread

Peloton slows production, reportedly facing decrease in demand

By Laura Lovett 02:28 pm January 21, 2022

Peloton has put the brakes on bike and treadmill production for the next two months after a sharp decrease in demand, CNBC reports. This news sent the fitness company's stock in a downward spiral yesterday, the price falling by roughly 25% from opening to close. Following the CNBC article, Peloton CEO John Foley released a public letter to the "Peloton Team" alleging that the information in the...

Peloton comes out with new treadmill after recall

By Laura Lovett 11:37 am August 24, 2021

Peloton will have a treadmill back on the market next week, after the company recalled its Tread+ and Tread in April following a slew of reported injuries and one child death associated with the fitness equipment. The new version of the Peloton Tread comes with a number of updated safety features. The equipment will now include a Tread Lock feature that requires users to put in a four-digit...