Classic from Weather Report’s classic Heavy Weather (1977).
Musical trivia: Jaco is also doing the shacka shing shacka shing shacka shing thing on cymbals, overdubbed. Teen Town is the Holy Grail of many bass players. The Youtubes have pages and pages full of bass players trying out their own covers. This next video shows the musical notation for the bass part as it’s played on a boring synthesizer, but it’s educational.
There are a lot of great live versions of this. Here is one I just discovered, captured 1978, posted by Rick Shuchow:
Jaco Pastorius (bass), Joe Zawinul (keyboards), Wayne Shorter (sax), Peter Erskine (drums). The studio version above does not have Erskine on drums, but I think Erskine plays insanely well with Weather Report. There’s a fantastic live version of Teen Town with Erskine on Weather Report’s 8:30 album (1979).