
Peloton Interactive Inc (NASDAQ:PTON) CEO John Foley on Thursday addressed what he called a “flurry of speculative articles” in the press regarding the company pausing production of its bike and treadmill products.
What Happened: In a letter to his employees, first noted on Business Insider, Foley said he was saddened that Peloton employees read things without “clarity and context” that they deserve.