Peloton Recalls 2.2 Million Bikes

The video discusses Peloton's recall of 2.2 million bikes, highlighting significant issues such as cash burn and the company's struggle to transition from a manufacturer to a digital-focused entity. The recall affects 45% of their installed devices, underscoring the challenges Peloton faces in moving towards a digital future.

What is the main issue discussed in the introduction of the Peloton story?

• A new marketing strategy

• The opening of new stores

• The recall of 2.2 million bikes

• The launch of a new bike model

Why is the recall of 2.2 million bikes significant for Peloton?

• It is a marketing strategy

• It represents a small fraction of their products

• It is unrelated to their financial status

• It highlights broader financial issues

What percentage of Peloton's installed device base is affected by the recall?

• 60%

• 45%

• 25%

• 10%

What is one of the main challenges Peloton faces according to the final section?

• Launching new bike models

• Expanding their physical stores

• Reducing their workforce

• Transitioning from manufacturing to digital

What future goal does Peloton's management have?

• To open more retail stores

• To focus on digital transformation

• To reduce product prices

• To increase bike production