The ponytail palm (The Elephant's foot or Beaucarnea recurvata) is an evergreen perennial native to Eastern Mexico. Much like a palm tree this plant can grow to be 30 feet tall in its maturity. It has become an ornamental plant due to its ability to thrive indoors and retains water through its swollen trunk.
How to care for Palms:
Lighting: Indoor palms can suffer from too much or too little light. Symptoms of too much direct sunlight include gray or brown-colored scorched leaves and leaves that shrivel and die. Most indoor palms require natural bright light all year.
Water: Palms need to be kept moist, but you should never allow them to dry out or sit in water. You can allow the soil of the palm to dry out slightly below the surface between waterings during active growth and allow the soil to dry out a little deeper between waterings in winter.
Temperature: Indoor palms require warm temperatures. The ideal temperature is between 60o - 70o F during the day and about 60o F at night.