In fact what we end up doing with Storybook is that we create the "stories" (literally .stories.ts files) that renders each component with a specific permutation of props. However this is pretty much a copy of the .test.ts file we write for the component itself - so many times it's literally doing pretty much the same stuff.
I find it so weird that in 2021 we don't have a way to just render our test files (which essentially is using some server-side dom abstraction) also to a browser so we can view the component and develop against it.
Then we wouldn't need storybook or story files that describe how a component is rendered - that's the test file responsibility.