Start here on Ableton's website for a nice spread of solid tutorials from a wide variety of producers.
Check out ELPHNT's website. He's got great, no nonsense tutorials, neat free stuff, and he's featured regularly on Ableton's own site, which is an invaluable resource unto itself.
Check out the many free courses from Coursera on music production from top-tier accredited institutions. ALL classes on their site have the option to be audited for free, even though they really want your money; you just won't get a certificate of completion, or access to certain assignments and tests. Courses are typically grouped into tracks, which appear to only offer paid plans, so you MUST go to a course's individual page in order to find the audit option. Here is a link to their Intro to Live course from Berkley, which is super beginner friendly. Personally, I have learned a tremendous amount over the years on this site from top universities on subjects as wide ranging as coding and web design, entrepreneurship, philosophy, medieval manuscript preservation (yeah, I'm weird), linguistics, and much much more, so it's also a great general resource for learning, period.
Slynk's YouTube channel is a great resource, as other's have said. He has a great tutorial on simpler and sampler that will give you a hint at some of the neat stuff live can do.
Since everyone is rightfully saying YouTube is a great resource, I'll also suggest searching for your favorite producers in general because there are so many out there that have videos featuring song creation techniques, signal chains, and workflow advice that aren't explicitly tutorials, per se. Don't be turned off if they're using another DAW because it can be a fun challenge to figure out how replicate whatever they're doing in Ableton.
Another thing you should do is check out the various free synths and plugins out there before plunking down cash on ANYTHING. Be patient and learn how to use your tools properly before going crazy with VSTs. There are SO MANY articles out there on free synths and they are easy to find, but they might have some small quirks, such as Helm (super great, but I have my gripes), and the PG-8X (which sounds AMAZING, but is a pain to install properly on a Mac and you have to download the presets separately, as well as load them in from the file browser every time you fire it up). Synth1 is another great option and if you look around a bit there's a zip file floating around out there with 25,000+ presets (it is also a pain to set up, but worth it). For most free synths you'll need to learn how to install VSTs (not difficult), and be aware that if you have a Mac the OS will try to reject most of them, which you can remedy by going into your System Preferences under Security & Privacy and clicking "Allow," sometimes several times in a row. And don't forget to hit "Rescan" in your Ableton preferences if it happens to be open during any installations.
I'll also recommend Valhalla's Supermassive because it JUST released, It is amazing, and it's free. Reverb/delay heaven.
If you must spend your hard-earned cash, Serum is totally worth it, and there's a $9.99/month rent-to-own plan. There are folks that would vehemently advise against the RTO purchase model for VSTs, and for legitimate reason, but if you're strapped it is an option.
Here's some things not to do:
Don't get caught up in too many RTO plans. If you wan't to pay $50+ a month for a handful of VSTs, go for it. But you probably shouldn't.
Don't develop DAW envy. Sure, you just got Suite, but believe me, this is real. Live isn't the only game in town. You might see other producer's using Logic or FL Studio or whatever to great effect. Having multiple DAWs can be great, but it's also expensive, both from a monetary and time/learning perspective. Get a handle on what you have first. Live is so deep it will make your head spin, repeatedly, and if it's not having that effect, you either need to experiment more, or find better tutorials.
Don't let frustration get the better of you. For the most part, whatever you want to do can be done in Live. But, for many, the learning curve is steep. Others have said read the manual. Do that. If you want to master Live, the manual is not optional.
Don't fall down the sample pack/preset rabbit hole. There is an entire universe of amazing samples and presets out there, but Live is already chocked full of great stuff. The demo tracks for these sorts of things can be very seductive, but be warned, you're basically being sold the promise that you too will sound just as slick and polished, or even better. What they don't tell you is that without knowing the production techniques, good luck at even coming close to the demo; many of the presets and samples won't sound great on their own without some help from effects or layering or whatever they used; however, there are quality packs out there that include project files for their demos, and these can provide an excellent opportunity to deconstruct everything they've done to get the sounds that appeal to you. I'm not saying never buy sample packs or presets, just don't get trigger happy, and, as ever, learn what you have before moving forward. Also, when you do inevitably pay for presets, it's useful to reverse engineer them to see how they were made so that you can start to make your own.
Don't be too persuaded by producers that preach formula over creativity. Music with wide appeal can most certainly be reduced to a set of interchangeable variables that will do the trick almost every time, if you know what you're doing. But if you want to keep yourself interested you'll most likely need a certain amount of innovation in your music making, so experiment constantly. If you're in it for money, then, yes, by all means learn the "shortcuts," but don't be fooled that there's a short way around to truly great music. It all depends on your expectations. Personally, I value creativity above above everything, which does admittedly involve a fair degree of emulation, so I spend my time evenly between experimenting and figuring out how other producers created sounds I really like. But don't be caught up in purest ideology either. It's ok to be in it for the money. It's ok to be in it for fun. And it's ok to be in it for both.
And finally, don't let tutorials be the end all go to for developing who you are as a producer. The incredibly prolific producer Savant once said, "watch tutorials, sound like everyone else." I'm not his biggest fan, but I respect what he does, and, in a sea of sound-alikes, he keeps his sound evolving. Also, it's ok to sound like others if that's your thing. Bottom line, do what YOU want to do.
Some of the above advice is rudimentary, so forgive me if it's too simplistic or obvious, or others have already said as much.
Good luck with Ableton Live, and, more than anything, have fun!