The Teleport node moves an Actor to the specified location. The advantage of using Teleport rather than setting the Actor's location is that if there is an obstacle at the location, then the Actor is moved to a nearby place where there will be no collision.

The next screenshot shows an example using the Teleport node. There is a BP Teleport Platform Blueprint that has a reference to Next Teleport Platform. When the player overlaps BP Teleport Platform, they are teleported to Next Teleport Platform: