FILE - This Nov. 19, 2019 photo shows a Peloton logo on the company's stationary bicycle in San Francisco, Calif. Peloton says it’s going to stop making its own bikes and treadmills, instead expanding its relationship with Taiwanese manufacturer Rexon Industrial. The move is an attempt to lower costs as the company continues to struggle with fewer people buying its products since COVID-19 restrictions eased. Peloton Interactive Inc. said Tuesday, July 12, 2022 that it will concentrate on its technology and content while simplifying its supply chain. (AP Photo/Jeff Chiu, File)