Resize the width of a text box to fit its content automatically

<input type="text" id="textbox" />

// Create a div element
const fakeEle = document.createElement('div');

// Hide it completely
fakeEle.style.position = 'absolute';
fakeEle.style.top = '0';
fakeEle.style.left = '-9999px';
fakeEle.style.overflow = 'hidden';
fakeEle.style.visibility = 'hidden';
fakeEle.style.whiteSpace = 'nowrap';
fakeEle.style.height = '0';

// We copy some styles from the textbox that effect the width
const textboxEle = document.getElementById('textbox');

// Get the styles
const styles = window.getComputedStyle(textboxEle);

// Copy font styles from the textbox
fakeEle.style.fontFamily = styles.fontFamily;
fakeEle.style.fontSize = styles.fontSize;
fakeEle.style.fontStyle = styles.fontStyle;
fakeEle.style.fontWeight = styles.fontWeight;
fakeEle.style.letterSpacing = styles.letterSpacing;
fakeEle.style.textTransform = styles.textTransform;

fakeEle.style.borderLeftWidth = styles.borderLeftWidth;
fakeEle.style.borderRightWidth = styles.borderRightWidth;
fakeEle.style.paddingLeft = styles.paddingLeft;
fakeEle.style.paddingRight = styles.paddingRight;

// Append the fake element to `body`
document.body.appendChild(fakeEle);

const setWidth = function () {
    const string = textboxEle.value || textboxEle.getAttribute('placeholder') || '';
    fakeEle.innerHTML = string.replace(/\s/g, '&' + 'nbsp;');

    const fakeEleStyles = window.getComputedStyle(fakeEle);
    textboxEle.style.width = fakeEleStyles.width;
};

setWidth();

textboxEle.addEventListener('input', function (e) {
    setWidth();
});