As per the video, 30 million acres of land is used to grow ethanol that is mixed into petrol. We could replace every car in the country with electric, and power our entire electricity grid with solar power, with that land. Solar farms are less destructive to the land than corn farming so even if replacing all that farmland with solar panels only provided enough power for electric cars, it would still be a positive in terms of land use.
75x land use is as compared only to power-plants. If I go swimming tomorrow I've 999999x'd my shark attack risk. And as a share of America it's only 1-2% of the total area of the United States (to power the entire country) and can replace all the corn ethanol crops to a net environmental benefit.
As for batteries, they are recyclable (as the video goes into). They do add to the cost of renewables but not so much that they cancel out having to constantly mine coal and set it on fire to never be used again. There are wind turbines which even out the duck curve, but in this thought experiment the entire country is going solar powered only.
As for why business leaders aren't investing in renewables, I need to make an important distinction. Renewables aren't the "cheapest form of power generation", they are the "cheapest form of new power generation". It is cheaper to keep running existing gas-fired and nuclear power stations until they reach EOL than it is to tear them down prematurely and replace them with solar. A large number of power stations are rapidly reaching EOL and it's very important that we don't build any more coal-fired power plants right now (due to an explicit government policy of burning more coal, perhaps). Each one we build will last 50-100 years and be cheaper to keep running than replace with renewables.