Ponytail Palm (Beaucarnea recurvata)
Ponytail palms are not palm trees at all, but their feathery mops of green leaves atop a leathery-looking trunk resemble them. The ponytail palm doesn't look like a succulent, even though it is related to the agave plant. Its water-storage unit is the swollen, bulbous base of the trunk that gives the plant its other common name: elephant foot.
Long, sometimes curly, straplike leaves have very little surface to lose moisture, a boon in its native areas in the southwestern United States and Mexico.
This succulent is the perfect houseplant for a neglectful gardener because it doesn't need a lot of watering. Allow the soil to dry almost completely before watering, and keep low humidity if possible. Grow it in high light and direct sun if possible, but the plant will adapt to medium light. Remembering ponytail palm's native habitat, keep it hot or medium temperature. If it must be kept cool, water less often.
Ponytail palms grow slowly, reaching 12-20 feet indoors. Repot when the plant gets too top-heavy for its container. Fertilize only about once a year, using a balanced fertilizer such as 10-10-10.

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