Giving a huge subsidy to someone in the top 1% when they buy a luxury electric car with monstrous torque is also suboptimal. https://www.tesla.com/support/incentives
Welcome to the world of government subsidies - I don't see how you can stop any of this cost-effectively, as money is fungible and stuff can be resold.
So is giving below market rate housing to someone who rents it out while buying a bigger home elsewhere with the rental payments. https://sanfrancisco.cbslocal.com/2017/11/21/san-francisco-t...
Or giving food stamps to someone who sells them for money to buy more alcohol. https://losangeles.cbslocal.com/2012/02/16/investigation-unc...
Welcome to the world of government subsidies - I don't see how you can stop any of this cost-effectively, as money is fungible and stuff can be resold.