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Peloton announced the Tread Flex, its first foldable treadmill and cheapest ever at $2,195, over $1,000 below the previous Tread. It folds to half the floor space and hits 12.5 mph at 70 dB. The Tread and Tread+ become Vision models at $3,495 and $6,695. All launch in North America on Oct. 1, with other markets in spring 2027.
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