aaaah! This is my most used feature and it doesn’t work!!! I’ve been using Cubase 10.5 up until now and it works there. Can’t find anyone else reporting this bug. Is it just me? Steinberg, heeeelp!!!
It is just you. 
Really, if it were a bug there would scores upon scores of posts about such a fundamental feature. Not much else to say with such slim info. Maybe, just this: Take a breath and think – maybe you’ll remember what you’ve missed. 
Thank you, @steve for confirming that is just me 
Turns out that “Transpose on the Info Line” is not possible when TAPE is chosen as your elastique algorithm.
To be fair though, to dummies like me, Steinberg should add a little side note to Operation Manual describing this behavior 
Glad you got it sorted… to be fair to SB, they did do that:
