On Thursday,Peloton announced a major price dropfor the product that made it famous, the Peloton Bike.
The new price is a big deal for a product whose major downside has always been its cost.
The Bike Plus retailed for $2,495, and the original bike model went down to $1,895.
ThePeloton Tread treadmill is also due to return to marketon Aug. 30 after an initial safety recall.
It will also cost $2,495.
The company is also attempting to make the Peloton experience more accessible in other ways.
