Peloton says it ‘could take months’ to bring treadmill back after recall
Peloton expects it to be a number of months before either of its treadmills are offered for sale again after a recall was issued on both models yesterday. One of the models posed the risk of “injury or death,” Peloton said.
The more expensive Tread Plus treadmill, which has been on sale since 2018, “could take months” to return to market, said Peloton CEO John Foley on a call with investors this afternoon. Peloton needs to develop a hardware solution to prevent people, animals, and objects from getting sucked underneath the machine and then get that solution approved by the US Consumer Product Safety Commission (CPSC). A six-year-old child died recently after being pulled underneath a Tread Plus, the commission said.
The cheaper machine,…