Here is a Fender 51 Telecaster PJ Parallel Universe Bass built in 2018, featuring a slab body with blonde finish and a Precision-Jazz or PJ pickup set!   Though now out of production, this is a new bass that still has its protective plastic on the tuner buttons and pickguard. When Leo Fender introduced his first bass in 1951 with the slab body and Telecaster style headstock seen here, it was named the Precision Bass. At that time, virtually all basses were both acoustic and fretless and this often led to inconsistencies in pitch. The addition of frets meant pitch precision, and in short order the Fender Precision bass had displaced acoustic fretless instruments in most genres.