And it is kind of like the question about why doesn't someone do a 51% attack to double spend bitcoins? Because once you do that, the coins you got from double spending are no longer worth anything because you just destroyed the entire reason they had value.
Diamonds don't have value just because they are scarce.
Imagine you actually could make some as big as you want, and
at will. Would you refrain yourself from doing it? I bet you wouldn't. You'd make some because diamonds are cool and pretty.
Humans love to make things,
regardless of whether it has value or not. It just has to be fun, cool, or beautiful. And because sometimes the value is not in the product, it's in the act of making it.
If someone could figure out a way of making a car-sized diamond, I'm pretty sure someone would actually do it.