Beaucarnea recurvata

Beaucarnea recurvata (elephant's foot, ponytail palm) is a species of plant in the family Asparagaceae, native to the states of Tamaulipas, Veracruz and San Luis Potosí in eastern Mexico.Despite its common name, it is not closely related to the true palms (Arecaceae). It was discovered in Mexico by a Frenchman in 1870, becoming popular in Europe and worldwide as an ornamental plant. There is a 350 year-old Beaucarnea specimen registered in Mexico.
http://easss.com/catalog/sears


It is an evergreen perennial growing to 15 feet 6 inches (4.72 m) with a noticeable expanded caudex, for the purpose of storing water inside. The single palm-like stem produces terminal tufts of strap-shaped, recurved leathery leaves, sometimes hair lock-shaped in the ends, and with occasional panicles of small white flowers once the plant reaches over 10 years of age. 

There are 10 different species of this plant, according to the Institute of Ecology in Xalapa, state of Veracruz, which runs the Jardín Botánico Francisco Javier Clavijero botanical garden, where over 400 Beaucarneas are exhibited and more are grown in greenhouses for conservation purposes, in the "Colección Nacional de Beaucarneas" (Beaucarneas National Collection).