JSFiddle - React, Tailwind, and code Playground

HTML

<script src="https://cdnjs.cloudflare.com/ajax/libs/jquery/3.4.1/jquery.min.js"></script>
<script src="https://cdnjs.cloudflare.com/ajax/libs/jquery/3.3.1/jquery.min.js"></script>
<button>PRESS</button>
<br><br>
<div class='targ'>LOREM</div>

CSS

.targ{background:orange;}

JavaScript

var interval;
$('button').on({
  mousedown: function() {
    interval = setInterval(function() {
      let targ = $('.targ');
      let x = targ.height();
      x++;
      targ.height(x);
    }, 50);

  },
  mouseup: function() {
    window.clearInterval(interval);
  }
});