does <textarea> auto-encode inner html?

Question

I was trying to print some text between </code> and <code> tags, but I\'ve noticed that if I input some characters like &

Answer 1

The dom element should have properties like this:

innerHTML = '<script>'

innerText = '<script>'

Answer 2

It doesn't escape the contents. The HTML source remains exactly the same. It just has the capability to display the contents as is which I guess is a requirement of the <textarea> tag.