The thermal conductivity κ of the cuprate superconductor La1.6−xNd0.4SrxCuO4 was measured down to 50 mK in seven crystals with doping from p = 0.12 to p = 0.24, both in the superconducting state and in the magnetic field-induced normal state. We obtain the electronic residual linear term κ0/T as T → 0 across the pseudogap critical point p = 0.23. In the normal state, we observe an abrupt drop in κ0/T upon crossing below p , consistent with a drop in carrier density n from 1+p to p, the signature of the pseudogap phase inferred from the Hall coefficient. A similar drop in κ0/T is observed at H = 0, showing that the pseudogap critical point and its signatures are unaffected by the magnetic field. In the normal state, the Wiedemann-Franz law, κ0/T = L0/ρ(0), is obeyed at all dopings, including at the critical point where the electrical resistivity ρ(T ) is T -linear down to T → 0. We conclude that the non-superconducting ground state of the pseudogap phase at T = 0 is a metal whose fermionic excitations carry heat and charge as conventional electrons do.