New York State Senate Session – 04/03/2025

MSNBC's Andrew Ross Sorkin mocked President Donald Trump for "blinking" under pressure and perpetuating the economic whiplash that continues to rile the markets.

Morning Joe host Mika Brzezinski introduced Sorkin Wednesday, asking, "We have Trump blinking? Or, how would you describe it?"

"Oh! I think it's full blinking, lots of blinking!" Sorkin quipped while fluttering his eyelids.

He continued, "Actually, the market's up this morning. I think a lot of folks actually think that he's blinking. Whether he really will blink, we don't know. But it is a 180-degree turn, both in terms of what he's suggesting about how he's going to negotiate with China. For the last several weeks, he's been playing the role of strongman. Now, he says he wants to be nice and wants to find a compromise, which is going to be interesting to see how the Chinese react to that and will have either leverage over him or he'll have leverage over them. "

ALSO READ: 'Retribution or bust’: 'Secretary of Retribution' joins J6 leaders to demand mass arrests

Sorkin also mentioned Trump's "180" on Fed Chairman Jerome Powell.

"[Trump] had been both, you know, on Truth Social and other places, saying that he thought that the federal reserve chair should effectively get fired, was too late, should have lowered interest rates. And now he's saying, 'I'm not firing him.' And I think he suggested basically that he was never planning to fire him, which is not what he said originally."

Sorkin said investors may be regaining some confidence because they see Trump course-correcting after "realizing he can't do all the things that he wanted to."

Sorkin concluded by pointing out the unpredictability of how the Trump administration has been reacting on any given day.

"What looks like a blink today could be very different tomorrow," Sorkin said.

Watch the clip below via MSNBC or click here.

Tech billionaire Elon Musk's Tesla Motors posted its long-anticipated earnings report — and it painted a dire picture of the company, with net revenue plunging by three-quarters. Experts attributed a large part of the drop to people simply rejecting the brand, as Musk has become close with President Donald Trump and headed up his Department of Government Efficiency task force to dismantle the federal civil service.

Commenters on social media, including both Musk's own X platform and the alternative Bluesky platform, had a field day with the news.

"Tesla just reported what is likely the worst earnings for a mega cap tech company since Meta in February 2022," wrote hedge fund founder Spencer Hakimian.

ALSO READ: 'Alarming': Small colleges bullied into silence as Trump poses 'existential threat'

"A devastating Tesla earnings report today," wrote the anti-Trump group The Lincoln Project. "Net income fell 71%. Total revenue slid 9% from $21.3 billion a year earlier. Tesla stock down 41% so far in 2025, suffered their worst quarterly drop since 2022."

"Tesla posts a $400M profit, down 71% year-over-year. Revenue is down nearly $2B compared to the same time last year. Wow," wrote Washington Post tech journalist and Musk biographer Faiz Siddiqui, adding that the numbers are even worse than they look, because, "Without $595M in automotive regulatory credits, which other manufacturers buy off Tesla to comply with emissions requirements, Tesla would have posted a loss this quarter."

"This is why Republicans were posting pictures with Teslas," wrote former Ohio state senator and progressive activist Nina Turner, referencing the promotional stunt Trump and Musk held with Tesla vehicles on the White House lawn last month.

"Tesla’s the Hindenburg, and frankly it couldn’t happen to a s------r company," wrote anti-Trump author and retired journalism professor Seth Abramson, who added that, "Teslas are — by the data — poorly made, dangerous, aesthetically passé, short on promised luxuries, tied to fascism, and feature poor customer service and allegedly jacked odometers."