I find them to be excessive as well, but since we have no power over wealthy people being conspicuous consumers the idea that they shouldn’t exist is unfortunately an unattainable ideal.
On the flipside, expensive toys like these often support R&D that eventually reaches more mass market production products.
People talked a lot of smack about the original Telsa Roadster (not getting into the politics of Elon here, what a mess), but the Roadster helped fund the Model S which funded the Model X, 3, and Y and ultimately forced every other vehicle manufacturer to get in the EV game.
When faced with situations out of my control I try to find the best path to beneficial outcomes.