That is a patient, clinical, point-by-point dismemberment of Nikola's supposed rebuttal of Hindenburg's original document. Superbly done, and surely devastating.
The fact that NKLA remains as high as it does really is proof of a "post-fact" world, as a sibling commenter put it.
Take a look at Twitter, and it's pretty sad IMO to see some of the "I still believe in you Trevor!!" type responses, completely devoid of any logic looking at the actual facts. It's like these kind of cults are everywhere now.
And my take on the stock price remaining as high as it is is that there are a relatively small number of cultish-believers (maybe 5-20%, I really don't know beyond that it's a small minority), and then everyone else pretty much knows this stock is a fraud and is eventually going to 0, but is just trying to time it so that someone else is holding the bag. Very similar to how Hertz spiked after they filed for bankruptcy: pretty much everyone knew they were going to 0, it was just a bet on who could time it best.
This story just keeps on giving.