Beaucarnea recurvata "Ponytail Palm"
Oddly enough, a ponytail palm tree is neither a palm nor a tree. In fact, it is a member of the Agave family and is actually a succulent. The common characteristics of this plant include a bulbous trunk, which is used to store water, and its long, hair-like leaves that grow from the top of the trunk like a ponytail, giving the plant its renowned name. Growing Ponytail Palms Growing ponytail palms in the home is easy. Technically, a ponytail palm tree needs bright light, but because it is such a forgiving plant, it will be okay if you give it bright light about half the time. In fact, if you keep it in low light conditions half the year and provide bright light conditions the other half the year, it will be perfectly happy. This means that as long as you place it outdoors in the summer, it will tolerate any indoor light conditions you keep it in during the winter. Since this plant is a succulent, it grows best in semi-dry conditions. When growing ponytail palm as a houseplant, you should let the soil dry out significantly in between waterings.