Is Rivian Stock Your Ticket to Becoming a Millionaire?

Rivian looks increasingly like it will be a successful EV start-up, but don't get overexcited by the Tesla similarities.After Tesla (TSLA -4.29%) proved that a start-up electric car company could take on the traditional automakers, Wall Street jumped into action. That was when Rivian (RIVN -0.32%) 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 millionair ...