Here’s how to fix it:
Either open a terminal and enter:
rm -rf /Users/*/Library/Application\ Support/Microsoft/TeamsOR manually navigate to…
/Users/<your-username>/Library/Application Support…and delete the ‘Teams’ folder.
After that, reopen Teams, follow the steps, and you should be able to login okay.
Note: I also deleted the…
/Users/<my-username>/Library/Saved\ Application\ State/com.microsoft.teams.savedState…folder but I’m 99.9999% sure that wasn’t necessary.
I hope that helps!