From your own article (https://www.forbes.com/sites/jamesmorris/2020/07/11/teslas-shift-to-cobalt-free-batteries-is-its-most-important-move-yet/?sh=6578b93846b4):
"The company is placing a huge bet on rechargeable battery technology that doesn’t use cobalt. This is one of the main elements making lithium ion batteries so expensive. It’s also fraught with political issues, since the mining can be in conflict areas like the Congo, and its production is considered quite polluting of the environment. But cobalt is used because it enables the energy density required in batteries intended to last for hundreds of miles per charge."
"Except cobalt is the main critical ingredient of lithium ion batteries..." Check - Cobalt gives lithium ion batteries the density they need to be batteries.
"...and it is in short supply, comes from politically unstable countries..." Check - Cobalt comes from the Congo.
"...and is bad for the environment..." Check - "and its production is considered quite polluting of the environment" from your article.
"Yes, except for the fact you need many orders of magnitude more fossil fuels than cobalt." Misleading statement - you will need orders of magnitude more materials for batteries if all vehicles and industries that use fossil fuels are converted to electrical power that requires battery for energy storage. So again trading one for the other.
In every hierarchy the cream rises until it sours. -- Dr. Laurence J. Peter