Worried. Very worried. Return ASAP. Do not pass go. Do not collect $200.

That, to me, screams out of round. I’d be worried.

I would not ride on this.

That wheel will break in no time if you use it. Your neck may break, too.

Return it.

Definitely looks broken.

Something is wrong. The shim is not holding correctly. I think the spokes might be over tensioned, but I would try and replace it.

I am a former Buyer for a bike shop chain. I’ve handled thousands of bikes. This is not normal.

Just echoing what others have said here. That’s one of the scariest things I’ve ever seen.