You get one more trigger for each Teysa Karlov you have. So if you have 2 Teysa Karlov, you get 3 triggers.
From the Rulings on the Gatherer page:
1/25/2019 — If you somehow control two Teysas, a creature dying causes abilities to trigger three times, not four. A third Teysa causes abilities to trigger four times, a fourth causes abilities to trigger five times, and so on. This also means that if you control Teysa and cast a second one, an ability that triggers when it dies due to the “legend rule” triggers three times.
It works this way because Teysa Karlov's ability is a replacement effect, and replacement effects can only apply to an event once. When a death trigger occurs, one Teysa sees it and replaces it with two death triggers, then the other Teysa seesees it and replaces it with three death triggers. Both Teysas have now applied their replacement effects to this one event and can't apply additional times, so they won't loop infinitely.