Elon Musk doesn't regard Fisker as a serious competitor. He said something like: "Fisker is headed up by a car designer, not an engineer. The reason we haven't had electric cars isn't because they looked bad" (or words to that effect).
Well most banks give out loans without the consent of their members on a per loan basis. Taxes are similar, people agree to pay taxes but they don't have a say on a per loan basis of what is done with those funds.