Yes, the stretching would be because of low light levels. I don't fertilize any of my succulents, but I know that some people do (especially with jades).

Many jades will have some coloring, so that shouldn't be a problem. It could be one of the smaller-leaved ones, not sure about exact ID of your plant.

I don't fertilize them either, and they grow just fine (and some are blooming).

It looks etiolated somehow, the space between the leaves is bit longer. It usually doesn't 'trail' that much - could be stretching toward the light source.

is there a drainage hole(s) in that container?

No, this pot does not have drainage holes. I've had this plant for several years and surprisingly it hasn't had issues with overwatering... or maybe it has but I don't know the signs? What are signs of waterlogging?

Bad drainage damage very often doesn't show right away, but it is not good for the plant. Keeping plant underwatered for a long time isn't best for it either. Waterlogging will keep plants leaves to get soft, yellowish, and falling off. Rot is always 'easier' if plant is sitting in constantly moist soil. Worse, it will also damage roots.

Not sure how long is several years, but trunks on jades usually get nice and fat, are self-supporting of branches, and also get woody (new growth is always bright green)

Someone gave this to my mom about 7 years ago, it was one 4inch tall stalk. Planted into this container about 3 years ago. It's always looked like this, the only woody part is maybe 3 inches at the base

Wow, thank you so much Rina! That thread is super helpful, I appreciate it :) I've neglected the plant for too long (I've NEVER pruned it) so I'll definitely look into doing that this weekend.

I kind of like the "leggy" look, but I feel like it's not healthy for the plant

PS your jade plants look amazing!

joy - Thank you.

It is only 1 of many, many threads on topic of jades on this forum. You can search for more by using a Search bar on top.

It is not that the shape is not healthy, plant could be trained any way you like. And you don't even have to prune it - if you like its shape. They actually are suitable for bonsai. But hanging branches are usually result of insufficient light, as jades naturally grow upright if in good light.

This jade is Crassula ovata 'Gollum' that I bought in 2012, it was approx. 2.5" tall then. See it in the same photo 2 years later:

This plant was not pruned in 4 years I have it, but it has slightly different growth rate and style. Some small-leaved jades may grow slower too. (I accidentally broke off one small branch and it is growing in its own pot).

Beautiful Gollum, I'm so jealous.

Steven

Thank you. No special treatment - just best possible light and not too much water. And some patience :). But 4 years is not that long..

rina-your pic inspired me to do a little trimming. plant is two years old from a 2.5 in. pot.

Nice Dave. Grows faster for you than mine (it took 4 years). The crown got quite wide thou. I also have 2 small plants grown from the leaves. Do you have Hobbit by any chance? That one grows bit faster for me than Gollum.