This is Beaucarnea guatemalensis, also known as Curly Nolina, Izote, Nolina guatemalensis, the Red Ponytail Palm, Elephant Foot, Izote macho, and Izote real. This tropical palm tree likes to live in full sunshine, but can be grown indoors in a sunny spot. This pony tail palm is a succulent with a swollen base. This pony tail palm tree has a very unique look and can live for decades. The young leaves start out bright red and then turn green as they mature. The more mature trees sport an abundance of beautiful white blossoms. The flowers on this tree, and other palms, serve as a larval host for the Palm Flower Moth. USDA Hardiness Zones 9 to 11