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I concur with KR. The needle has shifted on the stepper motor shaft. Confirmation is the needle doesn't go to 130 on Key-On initialization sweep. There is no mechanical stop on the dial face.
ssrealty -- if your speedometer turns out to be faulty and can't be replaced under warranty, Hamlin, a top quality MG specialist, is offering a lightly used one: https://www.ebay.com/itm/2017-2020-Moto-Guzzi-V7III-Speedometer-MPH-2D000306/114621818617?hash=item1aaffe26f9:g:QrcAAOSwUMdf-f1E
Merci pour le félicitage
Watched the video. Seems like all you have to do is remove the needle and reset at zero mark?
Just wanted to give update on my speedometer. It was replaced by AF1. I was hoping it would be covered under warranty. But bike is 2017 and almost four years old. Repair cost just over $600. It is working. Took several weeks for part to come is. Does it always take weeks for Moto Guzzi to send parts? Never experienced this order delay with my Ducatis.
ssrealty -- did AF1 repair the original speedometer keeping the odometer setting or did they replace it with a new one with a 0 miles odometer setting? If they repaired it, do you know what part was needed? Thanks.