Tech Peloton delays launch of cheaper treadmill after Tread+ recall, plans software update with safety feature May 6, 2021 Mike Snider, USA TODAY Comments Off on Peloton delays launch of cheaper treadmill after Tread+ recall, plans software update with safety feature After voluntarily recalling its treadmills Wednesday, Peloton said the action will likely cost the company $165 million in revenue from April to June.