Elon Musk has had a roller coaster of a day. Tuesday night, Musk's favored conservative candidate failed to win a Wisconsin Supreme Court election despite the billionaire and his super PAC dropping at least $15.

As the billionaire and his allied groups pour more than $20 million into a race for the state’s top court, his car company is suing Wisconsin over a law restricting vehicle sales.

Sales of Elon Musk’s Tesla fell 13 percent in the first quarter of this year, representing the largest drop in deliveries in the company’s entire history. Deliveries dropped by more than 50,000 cars, to just 336,681 vehicles. This was the worst quarter since 2022 for Tesla, as the company’s market cap also fell by $460 billion.