If you're going through regulators that often I would suggest going after the stator. Make sure it's not grounding out on the chassis. Find the 3 yellow or white wires that are connected to the regulator. using a meter in OHMS ( looks like the horseshoe ) with the bike off check wire one (red ) to wire 2 ( black ) then wire one ( red ) to 3 (black ), then 2 (red ) to 1 ( black ) and 2 ( red ) to 3 ( black ) , then pick one ( red ) and black to the chassis, motor, ground. somewhere metal on the bike. The first series of tests you should get some sort of numbers, ( which should be somewhat close in numbers ) When you go to ground, Chassis you should get no numbers, OFL, OL, or the horseshoe sign if you get numbers there, the stator is bad and your transmitting ac voltage to the chassis.
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