As I said, this is a highly unlikely event to get two faults simultaneously, unless it happened one meter at a time. Original post does not say what happened. The voltage regulator being faulty is a more likely scenario.fuel read over full, temp read super hot, ie both needles go far above the 'maximum; reading.
both circuits are typical 'old school' +12 from batt to voltage regulator to high side of meters, the sensor are connected to low side of meters and ground.
if you 'short a sensor', that meter will 'peg', go far above maximum.
for BOTH meters to do this then both must have their sensors shorted at the same time.