Vue

HTML

<div id="app">
  <button @click="toggle">
    Toggle div or span element
  </button>
  <comp :type="span?'span':'div'"></comp>
</div>

CSS

body {
  background: #20262E;
  padding: 20px;
  font-family: Helvetica;
}

#app {
  background: #fff;
  border-radius: 4px;
  padding: 20px;
  transition: all 0.2s;
}

span {
  color: blue
}
div {
  color: red
}

Vue

Vue.component('comp',{
  props:{type:String},
  template:`
    <component :is="type">
       I am a {{type}}
    </component>
  `
})

new Vue({
  el: "#app",
  data: {
    span: true
  },
  methods: {
  	toggle: function(){
    	this.span = !this.span;
    }
  }
})