Stephen Colbert's final Fox News election coverage segment may have been his greatest

We all lost on Tuesday night -- and no, I'm not talking about the GOP taking the Senate. Tuesday night marked the last time that Stephen Colbert and "The Colbert Report" would be bringing the Colbert Nation live election coverage.

Colbert marked the occasion by lampooning others who host live election coverage, namely Fox News and CNN. He teased their "brain rooms" and "magic walls" and then took it to a whole other satirical level with Stephen's "Mountain of Midterm Madness." Watch below:

And now let's watch Stephen call a few races -- for the last time: