Rivian (RIVN) revealed trim levels and pricing on Thursday for its highly anticipated R2 midsize electric SUV, but the version with Tesla (TSLA) Model Y-killer pricing won't be coming this year.

GTX pushes beyond turbochargers into zero-emission tech and industrial cooling while guiding 2026 margin gains and strong cash returns amid soft auto outlook.

Expect to achieve approximately 20% full-year gross margin, with performance accelerating to a mid-20% exit rate by Q4 2026. Guidance assumes meaningful contributions from MilliporeSigma, though the ...