Infrared optical investigations of α-(BEDT-TTF)2I3 have been performed in the spectral range from 80 to 8000 cm −1 down to temperatures as low as 10 K by applying hydrostatic pressure. In the metallic state, T > 135 K, we observe a 50% increase in the Drude contribution as well as the mid-infrared band due to the growing intermolecular orbital overlap with pressure up to 11 kbar. In the ordered state, T < TCO, we extract how the electronic charge per molecule varies with temperature and pressure: Transport and optical studies demonstrate that charge order and metalinsulator transition coincide and consistently yield a linear decrease of the transition temperature TCO by 8 − 9 K/kbar. The charge disproportionation ∆ρ diminishes by 0.017 e/kbar and the optical gap ∆ between the bands decreases with pressure by -47 cm −1 /kbar. In our high-pressure and low-temperature experiments, we do observe contributions from the massive charge carriers as well as from massless Dirac electrons to the low-frequency optical conductivity, however, without being able to disentangle them unambiguously.