65amp wiring/trouble shooting

it's possible the battery was part of the problem, or the wiring to the voltage regulator from the alternator contributed to the problem.
If there is resistance in the wiring such that the regulator sees voltage lower than the set point, the regulator goes provides constant maximum power to the rotor. The regulator is trying to bring the voltage up because its seeing the voltage as low.
Is it also possible that just the regulator itself failed? But wouldnt the ammeter get crazy in this scenario?