The electric "Exercycle", note the wooden handle adjustment wheel, but wait for it, it isn't for the resistance....
It's for the weight of the rider.
Though I'm sure resistance is somehow tied into weight.
Look at the size of that electric two speed motor, and pin striping and see below, chrome to die for.
It even has down tube shifters of a sort, you have to let go of the handlebar and then reach down to shift the "Start/Stop".