In this paper relativistic Landau levels on a carbon pseudosphere, whose curvature is a negative constant K = -R -2, are investigated analytically in the presence of orthogonal electric and magnetic fields. It has been shown that the magnetic field tends to create bound states while the electric field tends to destroy them. Consequently there exists a critical electric field such that beyond this critical field the Landau levels collapse although negative curvature of the pseudosphere acts towards preventing the collapse of Landau levels at the critical value.