According to Spanish press, Portugal is again in the running to receive a “huge productive core” from Tesla, after Valencia has been ruled out as a possible location for the “gigafactory”.

According to El Debate, Portugal is well positioned to be the alternative given the strategic advantages it has, such as its location on the doorstep of the Mediterranean, the availability of very close maritime routes and cheap and renewable energy sources. Another important factor has to do with the Portuguese Government's commitment to electric cars, which makes electrification and the national charger network double that of Spain.

The final decision should take place at the end of this year and the Spanish newspaper ensures that Portugal seems to be the most likely location for Tesla's "gigafactory". Italy will not be an option due to the slow pace of its electrification and, as for France, the high production costs and proximity to Germany, where Tesla already has a factory, takes it off the table.