Answer:
I'm black and white with stripes all over my body. I look like a horse but I'm not. What am I?
I waddle when I walk and swim in cold water. I wear a tuxedo all year round. What am I?
I'm a large gray animal with a trunk and tusks. What am I?
I can 'fly' underwater and have eight arms. What am I?
What's the red stuff between elephant's toes?
I hold two meanings. With one I may be broken, with the other I hold on. What am I?