Hes more than likely referring to having so much drugs in his trunk that his car is heavy in the rear and lifting the front end up. Hence, popping a wheelie.
the paint on the car is the color of jelly. the interior, most likely leather, is the color of peanut butter. and he has a car(chevy) for every day of the week.
@Big B P Good try on the "filly" thing ... this is actually dre's line, and in context he's just crashed his benz and is deciding which car to drive next "the monte carlo, el camino or el dorado / hell if i know". Stable is either his garage or chop shop
The line is actually "bounce on the devil, put the pedal to the floor" Devil is a term used to describe white people, particularly ones who are in power.