Those coils have four "blade" terminals but they're paired--there's two for power input and two that access the side that the module grounds to energize the coil. When the module breaks the ground, the coil sparks.
There should be two power side (pink) wires, and two ground-side (white) wires. One pink and one white wire in each connector. The molded-plastic connectors nest together so they look like a single connector with four wires. Wire colors change/fade over time. I think you have a replacement light-grey connector, because it looks to me like there's an original red wire connected to a light-colored wire (on the left side of the distributor when looking at the photo) that's part of that light-grey molded-plastic connector. Another photo or three of the original wires in those two connectors would be nice. I'd hate to think that the coil is just plain wired wrong, and I can't remember what it's supposed to look like. Gonna have to lift the hood of my pickup to verify.
Connect the tach to EITHER white wire.
Doesn't matter which of the two. I think you're already connected to the white wire via that crappy Scotchlock. Maybe it's corroded already.
"I" would move the green tach wire to the length of white wire that's not being used--marked with masking tape. Shitcan that Scotchlock, and VERIFY THAT THE WIRE IT WAS ON IS STILL IN GOOD CONDITION--still nicely copper colored, not black or green like this one that I ripped out of the starter-motor circuit of my pickup. Even what appears to be the "good" end is too corroded for re-use.
If the wire that had the scotchlock is still in good condition, SEAL THE DAMAGED INSULATION.
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In my shop, wire splices get crimped then soldered, then covered with heat-shrink tubing (the kind that has the hot-melt adhesive inside to absolutely prevent moisture entry.)