Reverandrally is still sorting out his concept. Give him some time, and he'll cross the bridge.
Leo was the founder and leader of the whole idea that an electric bass was a plank of wood with pickups. He designed his basses with the intention that the wood frame would be consistent, cheap to build, and have almost nothing to do with the sound. It needed to be comfortable to play, cool looking and easy to manufacture by the millions. The sound was supposed to be the job of the pickups and the amps. That was his goal. But, as musicians began learning how to use these new-fangled electric basses, they began hearing more detail in the sound character, that wasn't just from the pickups and amps. Other manufacturers, like Gibson, Rickenbacker and Ampeg, were experimenting with innovative pickups and innovative frame construction to get different sounds. But for decades, Fender stuck with the principle that their bass necks and bodies were slabs of wood. Variants were done for comfort and style. Design was all about manufacturing efficiency, and wood was chosen for cost and availability; occasionally for weight or look. And Fender still has that overall philosophy today. Fender has many fine Luthiers in their Custom Shop, who know how to get better tone out of the wood frames, and they build some wonderful instruments. But the vast majority of Fender's product lines are designed to be dumb planks of wood with pickups. That's how they successfully brought electric basses to the masses.