Yup, it's real. How did it get into production with
- a flattened back tire with central hub very off-center,
- right pedal on the left side, and very far below the cyclist's leg,
- chain routing defying common sense,
- and a disjointed left glass?
At least the socks seem to be classic low-res stitch art likely by humans...
I read "Poorly Made in China by Paul Midler. In it, he recounts many of his stories working with manufacturers in China. In one part, he talks about a time he just drove off the highway to a random factory to see what they made. They were very accommodating and welcomed him in. They happily showed him their wares and even gave him some samples hoping to maybe get another American buyer.
They made little figurines of Santa that said Feliz Navidad. They didn't even know what it said and assumed it was English when presenting it to the author who is American. They probably got the molds from somewhere, found a supplier of raw materials, got some buyers, and went to town. At no point did they know or even care what it was they were making.
With that context, it's easy to see how this kind of thing can happen.