JSFiddle - React, Tailwind, and code Playground
HTML
<a href="page.html" class="class1 class2" id="thisid">Text</a>
<a href="page.html" class="class1 class2" id="thisid">Text</a>
JavaScript
var p = $('a').wrapAll('<div class="replace"></div>');
var a = $('div').map(function(){
return this.innerHTML;
}).get().join(' ');
alert('BEFORE: \n' + $('div.replace').html());
$('div.replace').html(a.replace(/<a/g,'<p').replace(/a>/g,'p>'));
alert('AFTER: \n' + $('div.replace').html());