[aeturnum]

I don't think it's correct and I don't think its correctness is objectively decidable.

It's one thing when companies have unforeseen flaws that end up causing injury or death. No one is perfect and, while they should pay reasonable restitution in line with the level of their mistake, it seems fine overall.

Other the other hand, knowingly producing a product that you are reasonably sure will unexpectedly[1] kill or hurt sometime should have severe penalties. Those penalties should be imposed not through individual lawsuits (which are a poor tool for assuring the rights of whole classes of people - class action lawsuits not withstanding), but through prevailing regulatory action. To be honest I don't think it would be going too far to, as a standard action, nationalize a company in that situation.

We really, really do not want a situation where companies are choosing to kill their customers because they think they will come out ahead in the end. Think about it - are we happy that the leadership teams of the tobacco industry, or the oil industry, or the fiberglass industry were kept in place? How much better of a world would we be in if tobacco companies were at existential threat from their behavior? Where they needed to sell cigarettes like the USA sells guns (with the understanding they may kill)? I think we should seriously consider that standard of product safety.

[1] Products like guns, which are intended to injure or destroy, are their own thing imo.