r/motorcyclerepair

I have the classic symptoms: bike runs poorly, once it gets hot it stalls and the battery is drained. I checked the voltage across the battery terminals while cold and it was normal, then I saw this. The 2 wire harness from the voltage regulator is melted/burned on the red/white wire. A new VR/R is in the mail. just retire this all with dielectric grease and go? Or do I have more diagnosing to do here?

So my himalayan i recently got a oil change done at 7090 kms or so and im at 7200 kms on odo now and i actually got it done from a garage i know and they usually service superbikes so when i asked him if its needed ( chain adjustment) he said no but now after noticing this today im having second thoughts idk if this is normal or what. Can someone please help?