How Elon Musk frittered away nearly $500 million on midterms

New York Times: It was a stunning failure. Now the onetime trillionaire is all but certain to face investigatory scrutiny and financial pressure with newly empowered Democrats in control of Congress and top state offices in Texas, where he lives and operates many of his businesses. Mr. Musk, who moved there from California in part to escape the regulatory environment, will soon be represented by a senator who has said he wants to “tax trillionaires out of existence.”…