
Tesla in court as rare trial against Musk's company starts in Florida
Lawyers for the plaintiff argue that Tesla's driver-assistance feature called Autopilot should have warned the driver and braked when his Model S sedan blew through flashing red lights, a stop sign and a T-intersection at about 112 km/h in the April 2019 crash. Tesla lays the blame solely on the driver, who was reaching for a dropped cellphone.
"The evidence clearly shows that this crash had nothing to do with Tesla's Autopilot technology," Tesla said in a statement. "Instead, like so many unfortunate accidents since cellphones were invented, this was caused by a distracted driver."
The driver, George McGee, was sued separately by the plaintiffs. That case was settled.
A judgment against Tesla could be especially damaging as the company works to convince the public its self-driving technology is safe during a planned rollout of hundreds of thousands of Tesla robotaxis on U.S. roads by the end of next year.
Case rare for two reasons
A jury trial is rare for the company, which often settles lawsuits, and this one is rarer yet because a judge recently ruled that the family of the stricken Naibel Benavides Leon can argue for punitive damages.
The judge, Beth Bloom of the U.S. District Court for the Southern District of Florida, issued a partial summary judgment last month, throwing out charges of defective manufacturing and negligent misrepresentation against Tesla. But she also ruled plaintiffs could argue other claims that would make the company liable and ask for punitive damages, which could prove costly.
"A reasonable jury could find that Tesla acted in reckless disregard of human life for the sake of developing their product and maximizing profit," Bloom said in a filing.
The 2021 lawsuit alleges the driver relied on Autopilot to reduce speed or come to a stop when it detected objects in its way, including a parked Chevrolet Tahoe that Benavides and her boyfriend, Dillon Angulo, had gotten out of near Key West, Fla., to look up at the sky. The Tesla rammed the Tahoe at highway speeds, causing it to rotate and slam into Benavides, tossing her into a wooded area and killing her.
In legal documents, Tesla denied nearly all of the lawsuit's allegations and said it expects that consumers will follow warnings in the vehicle and instructions in the owners' manual, as well as comply with driving laws. Tesla warns owners in manuals that its cars cannot drive themselves and they need to be ready to intervene at all times.
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Cision Canada
an hour ago
- Cision Canada
Full Circle Lithium's Fire Extinguishing Agent FCL-X™ Achieves UL Class A Fire Recognition - Unlocking Major U.S. and Global Market Opportunities
USA-based Underwriters Laboratories Solutions (UL) is a globally trusted leading authority in safety certification After passing all required UL testing and with UL Class A Fire Recognition in hand, FCL expects to open new end-user markets in the USA as well as internationally, including industrial, commercial, retail, military, and government transportation agencies This significant milestone is in addition to all the breakthrough achievements FCL-X™ has demonstrated in extinguishing lithium-ion battery fires efficiently, effectively, and safely TORONTO, July 16, 2025 /CNW/ - Full Circle Lithium Corp. ("FCL" or the "Company") (TSXV: FCLI) (OTCQB: FCLIF), a USA-based manufacturer of lithium-ion battery specialty firefighting agent, FCL-X™, is pleased to announce that its revolutionary fire extinguishing agent, FCL-X™, has received Class A Fire Water-Based Agent Fire Extinguishers Component Recognition for both USA and Canada ("Class A Fire Recognition") from Underwriters Laboratories Solutions ("UL"), a globally trusted authority in safety certification. This milestone not only validates the product's quality, safety, and effectiveness in extinguishing Class A fires but also opens the door to significant new market opportunities across multiple high-growth sectors. FCL-X™ is already widely recognized for its breakthrough performance in extinguishing lithium-ion battery fires—a rapidly growing safety concern in everything from consumer electronics to electric vehicles and energy storage. The new UL Class A Fire Recognition now enables broader adoption of FCL-X™ in environments where traditional combustibles like wood, paper, textiles, and plastics are common. Positioned for Accelerated Growth "This certification is a major inflection point for FCL," said Carlos Vicens, CEO, Founder, and Director of Full Circle Lithium. "With the UL Class A Fire Recognition now in place, we are poised to expand our reach into new verticals—particularly industrial, commercial, retail, military, and government transportation agencies—that require certified, scalable fire suppression solutions. We believe this opens the door to accelerated revenue growth and a broader commercial footprint in the U.S. and globally." The UL certification process involved comprehensive testing of representative samples of FCL-X™, all of which met the stringent safety and performance criteria set by the organization. This recognition confirms the product's reliability for widespread use in professional fire safety environments. Looking ahead, FCL is preparing to pursue further regulatory and industry certifications, including those specific to lithium-ion battery fire suppression, positioning the Company as a category leader in next-generation firefighting solutions. Technical Description of FCL-X™ FCL-X™ is an aqueous solution, primarily water, enhanced with crucial proprietary active ingredients, making it uniquely effective for both Class A Fires, as demonstrated by the UL recognition mentioned above, and, particularly, lithium-ion battery fires. Its high-water content allows for superior penetration of the lithium-ion battery compared to non-water-based agents. Unlike foam and vermiculite, which act as temporary barriers on the surface of the ongoing chemical reaction, FCL-X™ penetrates and halts the reaction at the cell level. Critically, any lithium-ion battery on fire and experiencing thermal runaway will have an open vent. This vent is essential, as it allows FCL-X™ to be introduced directly to the source of the fire, stopping or minimizing the chemical reaction and managing the emitted off-gas by: Neutralizing Battery Charge / Thermal Absorption: In a battery already in thermal runaway, FCL-X™ neutralizes the charge and immediately reduces thermal output by 20%. Neither water alone nor other agents achieve this. Mitigation of HF: Beyond the fire itself, the release of gaseous hydrogen fluoride (HF) poses a significant threat in lithium-ion battery ("LIB") fires. HF forms when lithiated hexafluorophosphate, a common electrolyte in LIBs, decomposes at high temperatures and reacts with water. This highly corrosive gas is potentially lethal upon inhalation. FCL-X™ effectively mitigates most or all HF by reacting with it to form a non-hazardous salt. Again, this is a capability unique to FCL-X™ compared to water or other agents. Prevention of Hydrogen Explosion: LIB anodes typically consist of lithiated graphite. Under extreme heat, lithium separates from the graphite and reacts with water, often exacerbating the fire and creating dangerously high levels of explosive hydrogen gas. FCL-X™ counteracts this. Its initial thermal absorption reduces heat, and the active ingredients form a protective layer on the lithiated graphite. The continued application of the FCL-X™ solution then smothers any remaining hydrogen gas production. This multi-faceted approach is not offered by water or other extinguishing agents. Dilution of Internal LIB Solution: The most critical aspect of extinguishing a LIB fire is diluting the burning solutions within the battery. This requires penetrating the cell, cooling the internal solution, and diluting it. FCL-X™'s enhanced cooling and the active ingredients' ability to remain effective under heat allow it to penetrate the cell more effectively before evaporation, thus facilitating this crucial dilution process. This level of internal action is not provided by water or other agents. FCL-X™ is PFAS-free ("Per and polyfluoroalkyl substances" or better known as "forever chemicals"). In third-party testing, the total fluorine concentration was below 1 part per million ("PPM"). Typically, a 100 μg/g PPM total fluorine level is an indication of intentionally added PFAS. FCL-X has also demonstrated extremely low toxicity to animals and humans in third-party laboratory testing. These factors underscore the FCL-X™ safety profile. It is important to note that UL has not provided nor given any guidance for lithium-ion battery fires for any company worldwide, including FCL. The Class A Fire Recognition is strictly geared towards Class A fires. About UL UL is a premier global independent safety science company that has championed progress for more than 120 years. Its more than 11,000 professionals are guided by the UL mission to promote safe working and living environments for all people. UL uses research and standards to continually advance and meet ever-evolving safety needs. UL partners with businesses, manufacturers, trade associations and international regulatory authorities to bring solutions to a more complex global supply chain. For more information about our certification, testing, inspection, advisory and education services, visit About Full Circle Lithium Corp. FCL has developed an innovative lithium-ion battery fire-extinguishing agent named FCL-X™ to address the increasing number of difficult-to-extinguish and hazardous lithium-ion battery-based fires. FCL-X™ is a non-hazardous fire extinguishing agent specifically designed to combat lithium-ion cell and/or battery fires. A water-based solution, FCL-X™ has been tested by 3 rd party laboratories as well as on live battery fires, on both small and industrial scale fires, and has proved that it mitigates the lithium oxidation reaction, limiting hydrogen generation and stabilizing decomposing electrolytes. FCL-X™ is easy to use, with fast heat dissipation, minimal clean-up, and non-hazardous properties, making it a sustainable choice. FCL has gathered a leading technical team with over 100 years of combined lithium, fire, and safety training and firefighting experience. Additional information regarding FCL is available on SEDAR at under the Company's profile and on its website For further information: Full Circle Lithium Corp. Carlos Vicens - CEO & Director [email protected] +1.416.977.3832 Cautionary Statement Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements within the meaning of securities legislation in the Canada and which are based on the expectations, estimates and projections of management of the parties as of the date of this news release unless otherwise stated. Forward-looking statements are generally identifiable by use of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "could", "believe", "plans", "intends" or the negative of these words or other variations on these words or comparable terminology. More particularly, and without limitation, this news release contains forward-looking statements and information concerning expectations on the effectiveness of the marketing and sales of FCL-X™ through distribution agreements, the viability, effectiveness, safety and additional commercialization related to FCL-X™ which is at an early stage of commercialization (which is very difficult for a start-up venture like FCL as there are much larger and better capitalized established companies that can potentially quickly enter the lithium-ion battery fire-fighting market and create strong competition against FCL), on receiving patent protection for FCL-X™ and related inventions and processes, the ability of FCL, a start-up venture, to successfully commercialize its FCL-X™ including ramping-up production of the agent to meet potential demand, continue raising capital, upgrading and refurbishing its plant, and sourcing feedstock for this and its other lines of business. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the uncertainties and risk factors related to the technical elements in a processing and refining business, loss of key technical and other staff, lithium price fluctuations, the battery fire-extinguishing agent functioning as expected to meet safety requirements and fire-fighting related government regulations and potential client product specifications, and applicable environmental requirements and issues – see additional risks described in FCL's public filings. Actual results, developments and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. FCL disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law. Additionally, FCL undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of FCL, its financial or operating results or its securities.


The Market Online
an hour ago
- The Market Online
Success through foresight – The secrets of top CEOs: AJN Resources, LVMH, and Amazon
Managers are often portrayed by the public as soulless and interchangeable. But true visionaries still exist. Following in the tradition of Steve Jobs and Elon Musk, they make tough decisions early on, thereby preparing their companies to be future-ready. History shows that it can be well worth swimming against the tide at first in order to ultimately go with the flow. We examine key decisions made by Amazon, LVMH, and AJN Resources (CSE:AJN) and demonstrate how foresight can unlock opportunities for investors. This article is disseminated in partnership with Apaton Finance GmbH. It is intended to inform investors and should not be taken as a recommendation or financial advice. Amazon and LVMH: Against the tide at first, then going with the flow Bernard Arnault, CEO of luxury goods group LVMH since 1989, knew early on that luxury depends on perfectly cultivated brands and a broadly diversified portfolio. Under his leadership, the French company became the luxury goods group par excellence. In 2024, the Company generated revenue of EUR 84.7 billion and operates over 6,300 stores worldwide. The decentralized organizational model allows each brand to act independently with close ties to its customers. At the same time, LVMH leverages vertical integration and synergies, maintaining control from raw material procurement to retail. Arnault's feel for trends is considered unique. LVMH brands such as Dior, Bulgari, and Louis Vuitton consistently strike a chord with their customers, who seek quality as well as something truly exceptional. Analysts are rewarding LVMH and, according to the TipRanks portal, the consensus rating for the share is 'Moderate Buy'. Despite slightly weaker revenues at the beginning of the year, observers believe there are opportunities in the luxury segment and that LVMH's strong market position is largely due to its long-standing CEO. Amazon has a similarly outstanding market position. Founder Jeff Bezos and current CEO Andy Jassy were instrumental in the retail giant's success. Jassy joined Amazon in 1997 as a marketing manager and accompanied the Company's rise. Together with Bezos, he introduced the Kindle e-book reader, including a digital marketplace, in 2006 and founded the AWS cloud division in the same year. Analysts are positive about the stock and see price targets in the range of USD 250. AJN Resources: African visionaries with an impressive track record The market explicitly praises Amazon's far-sighted decisions of the past – the cloud division, coupled with its AI business, is considered extremely promising. Today, Amazon is no longer perceived merely as a retailer, but as a tech giant, which justifies higher valuations. German geologist and serial entrepreneur Klaus Eckhof also demonstrates foresight. The seasoned raw materials and Africa expert discovered 20 million ounces of gold with Moto Goldmines several years ago and eventually sold the Company to Randgold. With AVZ Minerals, he advanced the Manono lithium project. Eckhof is known in industry for his bold yet experience-driven decision-making. With his company AJN Resources (CSE:AJN), Eckhof has been focusing on gold for several months and has secured the Okote Gold Project in southern Ethiopia for this purpose. The deadline for finalizing the purchase is August. It is considered likely that Eckhof and his team will opt for the promising gold project – just a few weeks ago, a small capital increase was completed to enable minor exploration work and due diligence to be carried out. The new shares include a warrant and changed hands at CAD 0.12 – a share price well above the current market level. Gold increasingly in demand – AJN Resources with mini valuation As an expert on Africa, Eckhof has repeatedly succeeded in generating opportunities from the special conditions on the ground. The geologist is well connected in the DR Congo, knows the customs and processes, and uses his network to the advantage of his companies. The Okote Gold Project is located in the same gold belt as Ethiopia's largest gold producer, Lega Dembi, and has been exploited by local gold prospectors. AJN Resources intends to use the findings of these miners to further develop the project through its own mapping and rock sampling. AJN Resources has begun the purchase process for the project at a favorable time: Gold is rising again amid general instability, while interest in properties and projects for exploration companies has not yet picked up. Now, swimming against the tide and securing a promising project could pay off. AJN Resources' stock is speculative, mainly due to the early stage of the Company. At the same time, the downside potential appears extremely low given the low single-digit market capitalization. If Klaus Eckhof's team succeeds in developing the Okote project and giving it economic prospects, a revaluation of the stock is likely. Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a 'Transaction'). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user. The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.


Globe and Mail
2 hours ago
- Globe and Mail
Analysts Offer Insights on Technology Companies: ON Semiconductor (ON), Tokyo Electron (OtherTOELF) and Nvidia (NVDA)
There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on ON Semiconductor (ON – Research Report), Tokyo Electron (TOELF – Research Report) and Nvidia (NVDA – Research Report) with bullish sentiments. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. ON Semiconductor (ON) In a report issued on July 10, Christopher Rolland from Susquehanna reiterated a Buy rating on ON Semiconductor, with a price target of $50.00. The company's shares closed last Monday at $59.07. According to Rolland is a 5-star analyst with an average return of 17.7% and a 59.2% success rate. Rolland covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Infineon Technologies AG, and Advanced Micro Devices. ;'> Currently, the analyst consensus on ON Semiconductor is a Moderate Buy with an average price target of $54.65, implying a -7.6% downside from current levels. In a report issued on July 3, CFRA also upgraded the stock to Buy with a $75.00 price target. Tokyo Electron (TOELF) In a report released today, David Dai CFA from Bernstein maintained a Buy rating on Tokyo Electron, with a price target of Yen33800.00. The company's shares closed last Monday at $173.73. According to CFA is a 2-star analyst with an average return of 0.6% and a 56.3% success rate. CFA covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Renesas Electronics, and SCREEN Holdings Co. ;'> The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tokyo Electron with a $221.61 average price target, a 30.0% upside from current levels. In a report issued on June 30, Goldman Sachs also maintained a Buy rating on the stock with a Yen33000.00 price target. Nvidia (NVDA) In a report released today, Stacy Rasgon from Bernstein maintained a Buy rating on Nvidia, with a price target of $185.00. The company's shares closed last Monday at $164.07. According to Rasgon is a 5-star analyst with an average return of 24.3% and a 67.2% success rate. Rasgon covers the Technology sector, focusing on stocks such as Advanced Micro Devices, NXP Semiconductors, and Texas Instruments. ;'> Currently, the analyst consensus on Nvidia is a Strong Buy with an average price target of $176.76, a 6.9% upside from current levels. In a report issued on July 10, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $185.00 price target.