Rivian looks increasingly like it will be a successful EV start-up, but don't get overexcited by the Tesla similarities.

After Tesla ( TSLA 1.79% ) proved that a start-up electric car company could take on the traditional automakers, Wall Street jumped into action. That was when Rivian ( RIVN 0.57% ) came public, to much fanfare. Fast forward a few years to the current day, and Rivian's stock price has fallen some 90% from its all-time highs. Is this a diamond in the rough that could turn you into a millionaire in a Tesla-style success story, or should you have more modest expectations?

Rivian has done big things

To give credit where credit is due, Rivian has achieved a huge amount of success in a very short period of time. It basically went from an idea -- making elect

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