Wow Mark those reading are a Little weird to me but lets not focus on that ok.
First tell me what kind of heating elements do you have, what brand the dryer is and if its possible to find the owner manual.
1. check for burned wires attach to the heating elements, loose connections, broken heating elements and any indication of wires out of place.
If any of the wires look burned change it sometimes the wires when overheat they cracked inside making a slightly contact with the elements letting them heat up for a few minutes and then stop working properly.( always use high temperature cable to replace a broken connection around the heat elements usually call insulated cable). To replace any cable always have your dryer disconnected from the main switch.
2.If everything look ok, get your tester and proceed to test every single one of the element while the dryer is on and check for any variation on the volts going to the elements, your reading should be between 235V and 240V make sure your tester is in ~.
2.1 your reading variate going low and high, one of your relay is not working properly, or a cable going of the relay is loose and is making a false contact.
2.2 the Reading of 240V is correct but the heating element seems to be colder than the other ones, it needs to be replace, it could be broken and is not working properly.
3.everything appear to be working correctly inside the dryer, you have to check for the main electric connection. If the cable is extremely hot it could be a loose connection going in the dryer. where the fuses go. Check all the fuses and make sure they are all in working condition if you have doubts about any of them replace them. make sure the fuses box were they are is not loose at all, from any connector or screw. And always make sure your dryer is disconnect from the main electricity to do all that.
3.1 Make sure the cable (240V) is not overheating