Money Peloton delays launch of cheaper treadmill after Tread+ recall, plans software update with safety feature May 6, 2021Mike Snider, USA TODAYComments 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.