Attracting Tesla (TSLA -0.08%)-level hype during its initial public offering (IPO), Rivian (RIVN 0.18%) entered the electric vehicle (EV) market with hopes of rising to the upper echelons of the industry. But since its public debut, Rivian has fallen on tough times.With mounting expenses and an inability to turn a profit, Rivian's path to a growth story like Tesla's is becoming less likely by the day. When accounting for market trends, such as weakening sales projections in 2024 and ever-increasing competit ...