JSFiddle - React, Tailwind, and code Playground
HTML
<div contenteditable="true" style="width: 509px; border: 1px solid; "></div>
<textarea cols="50" rows="10"></textarea>
JavaScript
$('div').keyup(function(){
$('textarea').val($(this).text())
//$('textarea').val($(this).html()) // also not working as expected
});
$('textarea').keyup(function(){
$('div').html($(this).val())
});