In any case, given they have batteries that eventually wear out, and older cars don't have them, it would still be more effective to use a camera.
Edit: even if they're required in new cars that doesn't make them mandatory on the road. It's not like all tires must be sold with TPMS.
Obviously, it is easy to flout these regulations as an individual or as a small-time mechanic. But there can be penalties if tampering or negligence gets discovered, the most common of which is failing to pass inspection. When I bought wheels from Tire Rack online in 2015, I had to either pay extra to have them equipped with TPMS or else attest that my vehicle never had TPMS.
The real purpose has nothing to do with surveillance but with consumer and environmental protection. If you buy a used car with TPMS, you should be confident that it works. And keeping it working increases the chances that people will keep their tires filled and their fuel economy up.
However, a new problem has arisen, which is that gas stations don't bother to fix their broken air compressors anymore.
This vehicle has passed all required inspections for that entire time and the TPMS system hasn't even been mentioned in that context.
edit: I found the claim that TPMS was required interesting and a quick web search shows that 13 states in the US don't require vehicle safety inspections AT ALL.
I have not seen any evidence that it is actually happening, though. Compare to this story where the reporter asked for tracking data and either received the data or a response confirming the data’s existence but declining to provide it.
Other data sources for tracking, like cell phone location or toll transponder pings, also have a public record of the existence of that data.
I’m not aware of a similar trail of proof-of-existence for TPMS data tracking. If you are, I’d be interested to learn.