If the needle bounces on a mechanical instrument, the most likely culprit is a bad cable. usually, lubing it with wheel bearing grease (or other grease that tolerate heat and rotation) is enough to cure it unless there is some obvious damage like a kink. Just leave the upper 5 inches free of lube or grease; you don't want anything entering the instrument.
But I presume your tach is electrical, and unfortunately lubing the electrical wires tend to have little impact on the bouncing :razz: