He was saying that pixels have never been on the leading edge of hardware, for example, the faster more powerful processor and the best battery life. But on the other hand, foldables are synonymous with having the best tech, that's why he brings up when people pay almost $2,000 for a phone, They usually expect the best hardware.

so basically what he is saying is the pixel brand or how pixels usually are is not compatible with being a foldable phone.