Teleporting is slang for giving a
handjob, primarily used in the Ypsilanti/Flint Michigan area by youths.
Usually, teleporting happens when people run out of money and still need to get somewhere. Usually, the person will make a deal with someone like a trucker to get where he needs to go.
Out of money, young Matt had to return home to Tecumseh, so he decided to go teleporting instead of walking.