The Fender Precision Bass, known as "P-bass" for short, is the first model of the electric bass designed by Clarence Leonidas Fender and brought to market in 1951. In 1954, the body design was changed from one similar to the Telecaster to more resemble that of the Stratocaster guitar. The original design, with a few updates, was reintroduced in 1968 as the Telecaster Bass.