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Article Date: May 2021
Word Count: 350

Peloton Gives In and Recalls Treadmills


On the eve of reporting its March quarter results, PTON has finally made the decision to deal with the albatross that has weighed on its reputation for several months, recalling all Tread and Tread+ treadmills in cooperation with the CPSC. CEO John Foley apologized for his initial response to the CPSC, in which he vowed not to issue a recall. The smaller recall of 6,450 original Tread treadmills actually has nothing to do with the accidents that resulted in injuries and a child’s death. The original model apparently had an issue with the touchscreen where it can detach and fall, ... Log in to view full article.

 


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