Elastic least-squares reverse time migration (ELSRTM) has the potential to provide improved subsurface reflectivity estimation. Compared with elastic RTM (ERTM), ELSRTM can produce images with higher spatial resolution, more balanced amplitudes, and fewer artifacts. However, the crosstalk between P- and S-waves can significantly degrade the imaging quality of ELSRTM. We have developed an ELSRTM method to suppress the crosstalk artifacts. This method includes three crucial points. The first is that the forward and backward wavefields are extrapolated based on the separated elastic velocity-stress equation of P- and S-waves. The second is that the separated vector P- and S-wave residuals are migrated to form reflectivity images of Lamé constants and independently. The third is that the reflectivity images of and are obtained by the vector P-wave wavefields achieved in the backward extrapolation of the separated vector P-wave residuals and the vector S-wave wavefields achieved in the backward extrapolation of the separated vector S-wave residuals, respectively. Numerical tests with synthetic data demonstrate that our ELSRTM method can produce images free of crosstalk artifacts. Compared with ELSRTM based on the coupled wavefields, our ELSRTM method has better convergence and higher accuracy.