This little guy is an Elaeagnus umbellata – an autumn olive.
It’s just gotten a bit shaggy, and with a tree this small, a scant eight inches tall from soil level, you can’t let it grow out too long before losing control of the delicate features needed in a tiny tree.
Most new growth was reduced to just two new leaves. Later in the summer I will do a partial defoliation to encourage smaller leaves and more fine branching.
Wolf's Birding and Bonsai Blog 