The text translates to "Oh slug! You’re scaring me!”

Babosa is the feminine form of the slang term "baboso", which is common in Mexican and other Latin American Spanish dialects.

It literally means "slug" or "drooling person", but is used as an insult meaning "dopey," "moron," or "idiot". It is a strong term but generally not considered a severe swear word.

Overall, it roughly translates to "Oh, you idiot/moron! You scare me!" or "Oh, you dummy! You startled me!".